1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ValentinkaMS [17]
3 years ago
13

John is a drummer who purchases his drumsticks online. When practicing with the newest pair, he notices they feel heavier than u

sual. When he weighs one of the sticks, he finds that it is 2.33 oz. The manufacturer's website states that the average weight of each stick is 1.75 oz with a standard deviation of 0.22 oz. Assume that the weight of the drumsticks is normally distributed. What is the probability of the stick's weight being 2.33 oz or greater? Give your answer as a percentage precise to at least two decimal places. You might find this table of standard normal critical values useful.
Business
1 answer:
Vinil7 [7]3 years ago
6 0

Answer:

0.0042 is the probability of the stick's weight being 2.33 oz or greater.  

Explanation:

We are given the following information in the question:

Mean, μ = 1.75 oz

Standard Deviation, σ = 0.22 oz

We are given that the distribution of drumsticks is a bell shaped distribution that is a normal distribution.

Formula:

z_{score} = \displaystyle\frac{x-\mu}{\sigma}

P(stick's weight being 2.33 oz or greater)

P(x > 2.33)

P( x > 2.33) = P( z > \displaystyle\frac{2.33 - 1.75}{0.22}) = P(z > 2.6363)

= 1 - P(z \leq 2.6363)

Calculation the value from standard normal z table, we have,  

P(x > 2.33) = 1 - 0.9958 =0.0042= 0.42\%

0.0042 is the probability of the stick's weight being 2.33 oz or greater.

You might be interested in
A manager that primarily focuses on the shareholders of the corporation rather than all of the vested parties in the businesses
liberstina [14]

Answer: Shareholder theory

Explanation: As per the shareholder theory, the manager focuses all his or her efforts on the profit maximization of the shareholders of the company. A manager following shareholder theory will not be much concerned about the other stakeholders of the organisation. The benefit to shareholders could be provided either by increase in share price or as heavy distribution of dividends.

Hence, the correct option is D.

5 0
3 years ago
Read 2 more answers
A plan to exploit experience-based cost and location economies, transfer core competencies with the firm, and pay attention to l
ikadub [295]

Answer:

D) transnational strategy.

Explanation:

A transnational strategy is more personalized or custom fit than other global or international strategies. When corporations follow this approach, they will generally coordinate the subsidiary's operations with the headquarters, and will work closely together. Generally it focuses on marketing and operational activities, e.g. international retail stores.

8 0
3 years ago
An investment costs $5,200 today. this investment is expected to produce annual cash flows of $2,100, $1,300, $1,800 and $1,200,
worty [1.4K]
5,200 + 21,000 + 1,300 + 1,200 = 10,400 ÷ 10 totally investment 1,040 %
3 0
3 years ago
Select the correct answers. Which product is the cheapest and requires the least planning from a buyer? A. specialty products B.
Aleks04 [339]

Answer:

the answer is D. convenience products

Explanation:

convenient products are much cheaper and consumers usually look for them by the brand, or sometimes, these products are homogenous in nature, so people would just go and buy it rather than comparing different products and prices.

4 0
3 years ago
In order to update a production process, a company can spend money now or four years from now. If the amount now would be $20,00
timama [110]

Answer: $34,980.13

Explanation:

The amount that the company will spend 4 years from now is simply the future value of the amount that it can spend today.

The amount to be spent today is $20,000 so the amount to be spent 4 years from now is the future value of $20,000:

= Amount * (1 + rate) ^ number of years

= 20,000 * ( 1 + 15%)⁴

= $34,980.13

5 0
3 years ago
Other questions:
  • Real GDP:
    10·1 answer
  • Impact of 2020 lockdown on world's business economy?
    9·1 answer
  • Copy of Jane is in charge of her Rotary Club’s annual fund-raising auction. She will decide who will ask local businesses for pr
    14·1 answer
  • A T-bill quote sheet has 120-day T-bill quotes with a 5.07 ask and a 5.01 bid. If the bill has a $10,000 face value, an investor
    13·1 answer
  • Why should investors know the difference between nominal and real interest rates?
    11·1 answer
  • Which of the following factors should be included in the cash flows used to estimate a project's NPV?a. All costs associated wit
    8·1 answer
  • A debit balance is the bank statement indicates?
    14·1 answer
  • Freee brain hecbahvjserw bverwhjbvfsv
    14·2 answers
  • Determine if each of the following plans are short term, long term, or operational.
    12·1 answer
  • astrid is starting a new job that involves a lot a driving, and she wants to have a comfortable new car with the latest gadgets.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!