Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the information provided below to answer questions 7 to 8 . At the conclusion of a recent survey study, a researcher determined that only

Use the information provided below to answer questions 7 to 8.
At the conclusion of a recent survey study, a researcher determined that only 25% of individuals who were contacted telephonically provided
reliable information.
QUESTION 7(4 marks)
Suppose that 10 of the interviewees are randomly drawn from the sample frame, what is the probability that at least two provided reliable
information?
A.0.2440
B.0.7560
C.0.2816
D.0.7184
QUESTION 8(4 marks)
Suppose that 10 of the interviewees are randomly drawn from the sample frame, what is the probability that at most two provided reliable
information?
A.0.4693
B.0.4744
C.0.5256
D.0.5307
Use the information provided below to answer questions 9 and 11.
A private hospital stocks a code blue resuscitation kit that has a normally distributed demand during the reorder period. The mean (average)
demand during the reorder period is 350 kits, and the standard deviation is 10 kits.
QUESTION 9(4 marks)
What is the probability that during the reorder period, the demand for the code blue resuscitation kits oscillated between 329 and 375 kits?
A.0.9759
B.0.0241
C.0.4821
D.0.4938
QUESTION 10(4 marks)
What is the probability that on a particular day during the reorder period, the demand for the code blue resuscitation kits exceeded 373 kits?
A.0.1026
B.0.0179
C.0.0107
D.0.2775
QUESTION 11(4 marks)
Suppose that the hospital administrator wants to follow a policy that results in stockouts only 10% of the time. What safety stock of the code blue
resuscitation kit should the hospital maintain?
A. Approximately 363 kits
B. Approximately 13 kits
C. Approximately 337 kits
D. Approximately 36 kits
SECTION C (20 MARKS)
Study the information pro

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

THE Classroom Management Book

Authors: Harry K. Wong, Rosemary T. Wong, Sarah F. Jondahl, Oretha F. Ferguson

1st Edition

9780976423331

More Books

Students also viewed these General Management questions

Question

=+d) Can you reject the null hypothesis of part c? Explain.

Answered: 1 week ago