Suppose you are working with a data set that is normally distributed, with a mean of 200
Question:
Suppose you are working with a data set that is normally distributed, with a mean of 200 and a standard deviation of 47. Determine the value of x from the following information.
a. 60% of the values are greater than x.
b. x is less than 17% of the values.
c. 22% of the values are less than x.
d. x is greater than 55% of the values.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (17 reviews)
200 s 47 Determine x a 60 of the values are greater than x Since 50 of the values are greater than t...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
Question Posted:
Students also viewed these Statistics questions
-
A random variable is normally distributed with a mean of 25 and a standard deviation of 5. If an observation is randomly selected from the distribution, a. What value will be exceeded 10% of the...
-
A random variable is normally distributed with a mean of 60 and a standard deviation of 9. a. What is the probability that a randomly selected value from the distribution will be less than 46.5? b....
-
A set of data is normally distributed with a mean of 3.5 and a standard deviation of 0.6. State whether the first area is bigger, the second area is bigger, or the two areas are equal in each of the...
-
L-keys, such as the one shown in the figure below, are commonly used to insert screws and bolts in medical implants. This insertion process can be simplified into the loading scenario shown in the...
-
Show that if A is 2 ( 2, then Theorem 8 gives the same formula for A-1 as that given by Theorem 4 in Section 2.2?
-
Suppose that a and b are nonzero vectors. (a) Under what circumstances is comp a b = comp b a? (b) Under what circumstances is proj a b = proj b a?
-
What mechanisms are in place to guide the identification, measurement, categorization, and communication of information to stakeholders and users? Discuss differences between users and stakeholders.
-
An advocate of discounted cash flow analysis says, "Residual earnings valuation does not work well for companies like Coca-Cola, Cisco Systems, or Merck, which have substantial assets, like brands,...
-
Solve the initial value problem 1+ x y' + 2xy = 0, y(0) Find the solution of the initial value problem y' = 1 = (y + : v = 1. (y + x + y), y(1) = 0.
-
What would you suggest the Lowes and Whirlpool as possible next steps in their collaborative relationship?
-
Toolworkers are subject to work-related injuries. One disorder, caused by strains to the hands and wrists, is called carpal tunnel syndrome. It strikes as many as 23,000 workers per year. The U.S....
-
Suppose the annual employer 401(k) cost per participant is normally distributed with a standard deviation of $625, but the mean is unknown. a. If 73.89% of such costs are greater than $1,700, what is...
-
What is a transfer price? Discuss briefly.
-
Introduction: (roughly one page) Start with a "Hook" to draw the reader in and then explain in broad terms how the most recent recession began. II. Consequences of great recession (roughly one page)...
-
The following are the utility functions of five different individuals named 1,2,3,4 and 5 for a bundle of goods (, 2). Each has the same budget and faces the same prices for each of the goods. Which,...
-
From from the picture (uneven cash flows), suppose now CF=50 at t=4, but other values are the same. Find the PV by using a present value formula. Hint: 1 = 4% = 0.04 and N = 4. Cash flow (CF) for...
-
Be sure your stirring rod is washed and dried. Stir well. This is your starting citric acid solution. You will need to calculate the molarity of this citric acid solution and use that to standardize...
-
. Consider the normal-form game pictured here: 2 1 X Y Z A 2,0 1,3 5.x B 5.4 1.3 6,2 All of the payoff numbers are specified, with the exception of that denoted by x. Find a number for x such that...
-
(a) Which quantum number is related to the average distance of the electron from the nucleus? (b) What name and symbol are used for the quantum number that determines the shape of the electron...
-
Do public and private companies follow the same set of accounting rules? Explain.
-
What are the six steps in applying for a patent? Make your answer as thorough as possible.
-
In a study by Peter D. Hart Research Associates for the Nasdaq Stock Market, it was determined that 20% of all stock investors are retired people. In addition, 40% of all adults invest in mutual...
-
Ship collisions in the Vancouver harbour are rare. Suppose the number of collisions is Poisson distributed, with a mean of 1.2 collisions every four months. a. What is the probability of having no...
-
Suppose the average number of annual trips per family to amusement parks in Canada is Poisson distributed, with a mean of 0.6 trips per year. What is the probability of randomly selecting a Canadian...
-
Hall & Company issues $ 1 0 0 , 0 0 0 , 0 0 0 in 6 % bonds with detachable warrants of 1 0 warrants for each $ 1 , 0 0 0 bond. The bonds are issued at 9 9 . Record the issuance under the following...
-
Assume that hein acquired Dolan Development last year. Hein recorded the following intangible assets on the date of acquisition: Goodwill: $ 1 , 5 0 0 , 0 0 0 Dolan Development trademark: $ 6 0 0 , 0...
-
What is the total amount of interest that will be paid of the loan is carried to term with no extra payments made building cost 3 3 0 0 0 0 . loan started im Dec 2 0 2 3 worh a 7 . 5 % interest rate...
Study smarter with the SolutionInn App