Question
Steve Goodman, production foreman for the Florida gold Fruit Company, estimates that the average sale of oranges is 4,700 and the standard deviation is 500
Steve Goodman, production foreman for the Florida gold Fruit Company, estimates that the average sale of oranges is 4,700 and the standard deviation is 500 oranges. Sales follow a normal distribution.
(a) What is the probability that sales will be greater than 5,500 oranges?
(b) What is the probability that sales will be greater than 4,500 oranges?
(c) What is the probability that sales will be less than 4,900 oranges?
(d) What is the probability that sales will be less than 4,300 oranges?
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SOLUTION A Z SCORE X 55004700 500 16 PVALUE FROM Z TABLE P 5500 09...Get Instant Access to Expert-Tailored Solutions
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Get StartedRecommended Textbook for
Quantitative Methods For Business
Authors: Donald Waters
5th Edition
273739476, 978-0273739470
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