What is the probability that randomly selected person spent

Assignment Help Operation Management
Reference no: EM132102442

One year consumers spent an average of ?$21 on a meal at a resturant. Assume that the amount spent on a resturant meal is normally distributed and that the standard deviation is ?$4. Complete parts? (a) and? (b) below. a. What is the probability that a randomly selected person spent more than ?$22?? b. What is the probability that a randomly selected person spent between ?$10 and ?$19???

Reference no: EM132102442

Questions Cloud

Procurement phase of the contract management process : Describe and compare and contrast the buyer's and seller's actions in the control procurement phase of the contract management process.
What steps would you undertake to get the salary approved : What steps would you undertake to get the salary approved? What options do you have if the salary remains a “sticking point”?
Find the optimial number of fish bob should catch each day : What is the overage cost? Find the optimial number of fish Bob should catch each day before going to the fish market.
How many gallons of bottled? water : What is the probability that someone consumed less than 20 gallons of bottled? water? d. 97.5?% of people consumed less than how many gallons of bottled? water?
What is the probability that randomly selected person spent : What is the probability that a randomly selected person spent more than ?$22??
Business factors will garcia need to take into consideration : What business factors will Garcia need to take into consideration in deciding how to proceed?
Define celebrity endorsements : What FTC regulations define celebrity endorsements? Describe a business that you would like to form. Why would you set up this business?
Share how to manage partners : Share how to manage employees? Share how to manage partners?
The most economic way to fulfill the commitments : It is critical for them to figure out what would be the most economic way to fulfill the commitments.

Reviews

Write a Review

Operation Management Questions & Answers

  Issue of the dfw security wait lines

Choose a operations management concept or technique in order to help address the issue of the DFW security wait lines.

  Propose strategies for developing management staff

Propose strategies for developing management staff, medical staff, and governing body/board in a learning organization. What do you foresee as the obstacles you will face

  Level of emotional involvement in the behavior

Paragraph 1 will explore the week’s topic(s) and link it to how it influences your behavior. Paragraph 2 will describe changes in your behavior this week, and how the behavior is changing. Impact of different kinds of motivation and your level of emo..

  Updike upholstery cuts-sews fabric for custom ordered chairs

Updike Upholstery cuts and sews fabric for custom ordered chairs, ottomans, and sofas.

  Individual performance evaluations in project management

Search the web and find a resource that discusses team or individual performance evaluations in project management. Provide us with the URL, and summarize the key lessons to be learned from your resource.

  Cons of employing a forced performance ranking matrix

Identify some of the pros and cons of employing a forced performance ranking matrix

  Maintaining a quality image is primarily the responsibility

Maintaining a quality image is primarily the responsibility of:

  What is a protected class

What is a protected class? What laws exist that safeguard the rights of each protected class?

  Use of antibiotics-vaccinations to treat-prevent disease

Describe some problems associated with the use of antibiotics or vaccinations to treat or prevent disease. Name one way in which our government dictates the administration of vaccines to children.

  1 imagine you start a food truck business in seattle called

1. imagine you start a food truck business in seattle called comestible happiness on wheels chow. you have a fleet of

  What is the value per share of your firms stock

Assume that the average firm in your company’s industry is expected to grow at 6% and its dividend yield is 7%. Your company expects its dividends to grow 50% this year, 25% the following year, after which growth returns to the 6% industry average. I..

  How internal controls impact the perception of detection

Internal controls are one of the most important factors in the deterrence and prevention/detection of fraud. Provide an example of how internal controls impact the perception of detection.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd