1. A sheet of a new material called NRGT is found to meit on average at 234.5F....

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1. A sheet of a new material called NRGT is found to meit on average at 234.5°F. The melting point has a standard deviation of 1.7°F. Answer the following questions based on this material, assuming the melting point follows a normal distribution:

a. A sheet of NRGT will be subjected to 232 F; what percentage is expected to have melted at that temperature?

b. At which temperature 67% of sheets of NRGT will have melted?

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Managerial Economics and Business Strategy

ISBN: 978-0071267441

7th Edition

Authors: Michael R. baye

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Posted Date: Aug 17, 2022 12:27 AM

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1. A sheet of a new material called NRGT is found to meit on average at 234.5F....

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0 B let x cenote the melting points of NRGT His ... View the full answer

Managerial Economics and Business Strategy

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