Typing speed on a new kind of keyboard for people at a certain stage in their training
Question:
Typing speed on a new kind of keyboard for people at a certain stage in their training program is approximately normally distributed. The probability that the speed of a given trainee will be greater than 65 words per minute is 0.45. The probability that the speed will be more than 70 words per minute is 0.15. Find the mean and the standard deviation of typing speed.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (18 reviews)
XN0 PX65 045 Z1 0126 ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
Question Posted:
Students also viewed these Statistics questions
-
Find the mean and the standard deviation for the distribution of heads coins in the case of 10 throws of an unbiased coin. Find the probability that a single toss will give a value within one...
-
The length of human pregnancies is approximately normally distributed with mean = 266 days and standard deviation = 16 days. (a) What is the probability a randomly selected pregnancy lasts less...
-
The daily price of coffee is approximately normally distributed over a period of 15 days with a mean in April 2007 of $1.35 per pound (on the wholesale market) and standard deviation of $0.15. Find a...
-
A 15 mm 15 mm silicon chip is mounted such that the edges are flush in a substrate. The chip dissipates 1.4 W of power uniformly, while air at 20C (1 atm) with a velocity of 25 m/s is used to cool...
-
Tom and Al are the only two members of a household. Each gets satisfaction from three things: his income, his safety at work, and his income relative to his roommate's income. Suppose Tom and Al must...
-
Olsen Outfitters Inc, believes that its optimal capital structure consists of 65% common equity and 35% debt, and its tax rate is 40%. Olsen mustral additional capital to fund Its upcoming expansion....
-
5. An executive is reluctant to sell a high-performing business unit, arguing that the sale would dilute the companys ROIC to a level below the WACC and make the company value-destroying. Discuss.
-
The controller of Arrowroot Company wishes to improve the companys control system by preparing a monthly cash budget. The following information relates to the month ending July 31, 20X1: June 30,...
-
On October 1st, Pano bakeries opened a plant for making frozen pastries that customers can finish off in the oven at home. Data for the first two months of operations are shown below: October (units)...
-
Brike Company, which manufactures one product - robes, has enough idle capacity available to accept a special order of 10,000 robes at $9 a robe. A predicted income statement for the year, without...
-
Total annual textbook sales in a certain discipline are normally distributed. Forty-five percent of the time, sales are above 671,000 copies, and 10% of the time, sales are above 712,000 copies. Find...
-
The number of people responding to a mailed information brochure on cruises of the Royal Viking Line through an agency in San Francisco is approximately normally distributed. The agency found that...
-
Evaluate the following expression: 5 * 7 > 6 2. a. True b. False
-
Perhaps we need a way to differentiate ourselves from the competition? Is it possible that we are dividing the customer's time too much? Does this mean that we should instead look to attract more...
-
Complete these answers with full paragraph sentences. 1)What are the Mission, Vision, & Values of the Palo Alto Network? 2) What are the Four Functions of Management Planning, Organizing, Leading, &...
-
One highly visible trait of a successful leader is that of role model: behavior exhibited by a leader is carefully observed and often sets the tone for the entire center. As a role model, it is...
-
Design a flowchart that illustrates the key processes and decision points within the custom leadership system, along with the various inputs and outputs. At the center of the flowchart is the leader,...
-
Prepare a sample memo to those that have been selected to serve on the "Bulletin 1" committee. Remind them of their charge and outline a calendar of meetings. Lastly, include a list of resources. ...
-
The hot gas stream at the turbine inlet of a JT9-D jet engine is at \(1500^{\circ} \mathrm{C}, 140 \mathrm{kPa}\) absolute, and \(M=0.32\). Calculate the critical conditions (temperature, pressure,...
-
The company manufactures three products: wooden chairs, tables and dressers. AFC started off as a 'Mom & Pop' shop but has grown rapidly. AFC uses one assembly line to build all three products,...
-
What are the similarities and differences between the rotation motion of micro fluid elements and the rotation motion of rigid bodies?
-
A credit card company has a fraud-detection service that determines if a card has any unusual activity. The company maintains a database of daily charges on a customer's credit card. Days when the...
-
A survey of 50 randomly selected full-time Joliet Junior College students was conducted during the Fall 2010 semester. In the survey, the students were asked to disclose their weekly income from...
-
A survey of 40 randomly selected full-time Joliet Junior College students was conducted in the Fall 2010 semester. In the survey, the students were asked to disclose their weekly spending on...
-
Summarize in your own words Sharps, Treynors, and Jensens Measures for assessing portfolio performance with respect to risk. Assess the portfolio performance of mutual fund VDIGX taking into...
-
Question 1 Slat and Company have recently set up a business which will manufacture and sell a furniture component, the F12 On the 19 August 2021, the company issued 85,000 of share capital for cash....
-
The following is Addison Corporations contribution format income statements for last month. The company has no beginning or ending inventories. A total of 10,000 units were produced and sold last...
Study smarter with the SolutionInn App