Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A luxury furniture manufacture will make custom furniture for their customers. Pricing is based on the number of hours of skilled labor it takes to

  1. A luxury furniture manufacture will make custom furniture for their customers. Pricing is based on the number of hours of skilled labor it takes to make a piece. The time it takes to make a custom couch is normally distributedwith an average of 280 hours and a standard deviation of 40 hours.

a. What percent of custom couches take between 240 to 320 hours to make?

b. What percent of custom couches take 255 hours or less to make?

c. How long would it take to build a couch that is in the 95th percentile?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Linear Algebra with Applications

Authors: Bernard Kolman, David Hill

9th edition

132296543, 978-0132296540

More Books

Students also viewed these Mathematics questions