1. Assuming that the distribution has not changed from what it was in the past year, what...

Question:

1. Assuming that the distribution has not changed from what it was in the past year, what is the probability that the upload speed is

a. Less than 1.0?

b. Between 0.95 and 1.0?

c. Between 1.0 and 1.05?

d. Less than 0.95 or greater than 1.05?

2. The objective of the operations team is to reduce the probability that the upload speed is below 1.0. Should the team focus on process improvement that increases the mean upload speed to 1.05 or on process improvement that reduces the standard deviation of the upload speed to 0.075? Explain.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...