Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 19, 2024

Data follows a normal distribution with a mean of 75 and a standard deviation of 15. What is the probability of a value equal to

Data follows a normal distribution with a mean of 75 and a standard deviation of 15. What is the probability of a value equal to exactly 68? Answer as a decimal, rounded to 4 decimal places (i.e., 0.1234).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Statistical Techniques in Business and Economics

Authors: Douglas A. Lind, William G Marchal

17th edition

1259666360, 978-1259666360

More Books

Students also viewed these Mathematics questions

Question

CoursHeroTranscribedText: Question 1 The daily volume of a brokerage company follows a normal distribution. The director wants to estimate the daily volume negotiated. a) What size should have a...

Answered: 1 week ago

Question

Can someone assist with any of these questions below: Question 1.The time required to play a certain game is uniformly distributed between 30 and 52 minutes. Complete parts a through c below. a. Find...

Answered: 1 week ago

Question

Directions: Please respond to the questions listed below. For These you can give direct answers with no explanation. Note: THIS ISNT FOR AN ASSIGNMENT BUT MERELY FOR MY OWN UNDERSTANDING AND...

Answered: 1 week ago

Question

★★★★★

Lang Enterprises was started when it acquired $4,000 cash from creditors and $6,000 from owners. The company immediately purchased land that cost $9,000. Required a. Record the events under an...

Answered: 1 week ago

Question

★★★★★

Suppose a firm estimates its cost of capital for the coming year to be 10 percent. What might be reasonable costs of capital for average-risk, high-risk, and low-risk projects?

Answered: 1 week ago

Question

★★★★★

On June 1, 2017, Gary gave Gertrude a gift of stock worth $10,000, paying no gift tax on the transaction. Gary had purchased the stock for $7,500 in 2013. On October 1, 2017, Gertrude sold the stock...

Answered: 1 week ago

Question

★★★★★

Let X be a continuous random variable with probability density function f and assume that a 0 and b are two real numbers. (i) Show that the probability density fY of the variable Y = aX + b is given...

Answered: 1 week ago

Question

★★★★★

Carnegie Corporation commissions, produces, and sells books through faith- based nonprofit organizations. The books are sold on the basis that a maximum of 50% of the quantity purchased can be...

Answered: 1 week ago

Question

★★★★★

Direct Materials and Direct Labor Variances At the beginning of June, Kimber Toy Company budgeted 21,000 toy action figures to standard direct materials and direct labor costs as follows: Direct...

Answered: 1 week ago

Question

★★★★★

Janet Flynn, owner of Reel Company, plans to apply for a bank loan at Petro National Bank. Because the company has a lot of debt on its balance sheet, Janet does not plan to show it to the loan...

Answered: 1 week ago

Question

★★★★★

You recently completed an accident investigation involving a worker injured by an unguarded blade on a table saw. The investigation revealed that the guard had been removed some months before by...

Answered: 1 week ago

Question

★★★★★

XYZ Insurance Company is a personal lines insurer with headquarters in Chicago and regional offices throughout the Midwest and Northeast. XYZ's reputation as a strong, reliable organization has...

Answered: 1 week ago

Question

★★★★★

A publishing house publishes three weekly magazines - - Daily Life, Agriculture Today, and Stuf's Up . Publication of one issue of each of the magazines requires the following amounts of production...

Answered: 1 week ago

Question

★★★★★

For the following situation, identify the fallacy (or fallacies) associated with it. The Fallacies were 1) There are data mining tools that we can turn loose on our data repositories, and find...

Answered: 1 week ago

Question

★★★★★

Convert the following IPv6 address given in binary to its canonical text representation shown in step 1. 11010011 00000101 11111100 10101010 00000000 11000000 11100111 00111100 01010000 11000001...

Answered: 1 week ago

Question

★★★★★

The following production data were taken from the records of the finishing department for June: Inventory in process, June 1, 25% completed Transferred to finished goods during June Equivalent units...

Answered: 1 week ago

Question

★★★★★

Orange juice producers are dismayed and puzzled. An economist told them that the reason the demand for orange juice fell is that a new technology allow tomato producers to pick ripe tomatoes more...

Answered: 1 week ago

Question

★★★★★

A quarter of your applications should be to programs where you meet the statistics of their recent admissions (i.e., last 2 years).

Answered: 1 week ago

Question

★★★★★

Half of your applications should be to programs where you exceed the statistics of their recent admissions (i.e., last 2 years).

Answered: 1 week ago

Question

★★★★★

Tuition waivers: No tuition is charged by the university. Sometimes registration and other fees still apply but are minimal.

Answered: 1 week ago

Previous Question Next Question