A marketing research company employs a large number of typists to enter data into a computer...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A marketing research company employs a large number of typists to enter data into a computer database. The time taken for new typists to learn the computer system is known to have a Normal distribution with a mean of 130 minutes and a standard deviation of 20 minutes. A candidate is automatically hired if he or she learns the computer system in less than 100 minutes. A cut-off time is set at the slowest 40% of the learning distribution. Anyone slower than this cut-off time is not hired. Find the proportion of new typists that take MORE THAN 170 minutes to learn the computer system. A marketing research company employs a large number of typists to enter data into a computer database. The time taken for new typists to learn the computer system is known to have a Normal distribution with a mean of 130 minutes and a standard deviation of 20 minutes. A candidate is automatically hired if he or she learns the computer system in less than 100 minutes. A cut-off time is set at the slowest 40% of the learning distribution. Anyone slower than this cut-off time is not hired. Find the proportion of new typists that take MORE THAN 170 minutes to learn the computer system.
Expert Answer:
Related Book For
Basic Marketing A Marketing Strategy Planning Approach
ISBN: 978-0078028984
19th edition
Authors: William D. Perreault Jr., Joseph P. Cannon, E. Jerome McCarthy
Posted Date:
Students also viewed these accounting questions
-
A communications firm employs a large number of technical sales representatives who make personal visits to potential customers. For data collected on y = average amount of sales per call and x =...
-
For a normal distribution with a mean of = 60 and a standard deviation of = 10, find the proportion of the population corresponding to each of the following. a. Scores greater than 65. b. Scores...
-
The U.S. government employs a large number of contractors throughout many different departments. Unfortunately, not all contractors are scrupulous when seeking reimbursement for costs incurred during...
-
May-22 1 1 1 6 22 31 31 31 31 31 uChampion (UC) Shop commenced business on 1 May 2022. The following transactions occurred during the first month of operations: Jenny, the owner, invested cash into...
-
At year end, Bottle Water Company had currency and coins in cash registers of $5,600, money orders from customers of $10,000, deposits in checking accounts of $64,000, U.S. Treasury bills due in 80...
-
Francisco and Priya (F&P) have developed an innovative new product. They have applied for a patent for their new innovation. They estimate that there is an 80% chance that the patent application will...
-
Allergies occur when the immune system is abnormally sensitive to particular substances. Why do people sometimes take antihistamines for their allergies? Can you guess from the word antihistamine...
-
On January 1, 2017, Klosterman Company issued $500,000, 10%, 10-year bonds at face value. Interest is payable annually on January 1. Instructions Prepare journal entries to record the following. (a)...
-
Information that has been determined based on the best information available using the correct process, what is also provides an adequate explanation is an example of which fundamental characteristic?
-
I farm on a small scale. Last year, I started off by planting soybeans and corn. This year, the price of soybeans increased, and the price of corn remained the same. Naturally, I planted more corn...
-
find intervals of convergence of f(x), f'(x), f''(x) and the antiderivative of f(x). check for endpoints . f(x) = = n=1 (1)"+(x 2)" n
-
Sheffield Corp. issued $7080000 of 11%, ten-year convertible bonds on July 1, 2020 at 96.1 plus accrued interest. The bonds were dated April 1, 2020 with interest payable April 1 and October 1. Bond...
-
Which of the following is true about layered protocol architecture? O The higher layers provide a service for the lower layers The layers are numbered from the top down (top layer is layer 1) All the...
-
11.1 Write a program that displays the retail price of an item. The program asks the user for the item's wholesale price and the number of days it takes to sell the item. The program then calculates...
-
Suppose you have invested $120,000 in an Exchange Traded Fund (ETF), and the fund manager recently announced that he has estimated the portfolio risk of the fund.He expressed this risk as a 5% chance...
-
The age-standardized mortality rate in Canada in 2002 was 445 per 100,000 per year and that in the United States was 543 per 100,000 per year. The populations of Canada and the United States were...
-
Pietr Yakashenko turned 20 years of age on January 1, 2021, but he is not very good at math. He has always wanted to have a Tax-Free Savings Account but never had any money. But Pietr has a rich...
-
In Exercises 105108, evaluate each expression without using a calculator. log(ln e)
-
Discuss the potential conflict among the various promotion managers. How could this be reduced?
-
An entrepreneur who started a chain of auto service centers to do fast oil changes wants to quickly expand by building new facilities in new markets but doesnt have enough capital. His financial...
-
Cite two examples of business products that require a substantial amount of service in order to be useful.
-
Assume an InGaAsP-InP laser diode that has a resonator cavity equal to \(250 \mu \mathrm{m}\). The peak radiation is at \(\lambda=1.55 \mu \mathrm{m}\). The refractive index of InGaAsP is 4. The...
-
Let \(\boldsymbol{x}\) be a random variable with a standard normal distribution \(\varphi(t)\). Find (a) (b) P{0 x 1.42}. P{-0.73x0}. (c) P{-1.37 x2.01}. (d) (e) (f) (g) P{0.65 x 1.26}....
-
A GaAs p-n junction has a \(100 \mu \mathrm{m} \times 100 \mathrm{~m}\) cross section and a width of the depletion layer \(W=440 \mathrm{~nm}\). Consider the junction in thermal equilibrium without...
Study smarter with the SolutionInn App