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
GREYUIT [131]
3 years ago
10

The weekly incomes of shift foreman for a given industry follow a normal probability distribution. With a mean of $1,000 and a s

tandard deviation of $100, what is the z-value for the income (called X) of a foreman who earns $1100 per week? For a foreman who earns $900 per week? In words, what do your results indicate?
Business
1 answer:
mylen [45]3 years ago
4 0

Answer:

There is a 0.2419% for a foreman to earn either $1,100 or $900

Explanation:

We calculate the probability of a normal distribution of 0;1

(X-mean)/deviation = Z

(1,100 - 1,000)/100 = 100/100 = 1

900 - 1,00/100 = -100/100 = -1

Given the zame Z value, we have the same probability of a foreman to earn 1,100 or 900

As we are asked for the foreman salary, wewill calcualte the Z for non cumulative, just the probability of a foreman to earn 1,100 or 900 dollars.

We look into the normal distribution table for the value of z = -1 or 1

0.002419707  = 0.2419%

You might be interested in
Help with economics?
umka2103 [35]
Changes in commodity prices
3 0
3 years ago
Why might long-term interest rates go down at the same time that the federal reserve pushes short-term rates up?
mart [117]
<span>Because the federal reserve would want to discourage quick investments or want people to save more money right now. Long term rates would go down because these are well thought out infrastructure projects that are good for the long run.</span>
3 0
3 years ago
1. Which country has the comparative advantage in DVDs? (Remember! OOO Output –Other goes Over!) [2 pts]
yarga [219]
The answer is Country B


Comparative advantages can be described as a country's ability to product a certain product in higher quantities and lower price (efficiently) compared to another country.

In this case, Country A can product  100 CDs and only 100 DVDs, by while country B has the capacity to produce 50 CDs but 200 DVDs.

Clearly Country B has a better infrastructure to produce DVDs in bulk

5 0
3 years ago
Read 2 more answers
A ____________is anything offered to a market by the business to satisfy needs, could include physical products or intangible se
andre [41]

Answer:

Product is the correct answer.

Explanation:

7 0
3 years ago
The following information pertains to Lance Company.
nalin [4]

Answer and Explanation:

The preparation of the bank reconciliation statement is presented below:

Balance as per bank $8,732.00

Add: Deposit in transit $3,500.00  

Less: Outstanding checks  -$1,486.00

Adjusted bank balance  $10,746.00

Balance as per books $8,768.00

Add: EFT received from customer $2,023.00

10791.00

Less: Service charges -$45.00

Adjusted book balance  $10,746.00

5 0
3 years ago
Other questions:
  • Eileen, a manager at an international restaurant chain, wants to know if it will be most cost effective to buy 1,000 pounds of s
    7·1 answer
  • Suppose a flood changes the production capacity in a country. How would you represent this situation with a production possibili
    5·1 answer
  • When writing an in-depth story about a large drug-manufacturing company, Beth presents the company not as a conglomerate edging
    13·1 answer
  • Segundo o autor Gilson Schwartz, em seu livro As profissões do futuro, e sua concepção de Mercado de trabalho contemporâneo, pod
    9·1 answer
  • How do individuals benefit from having health insurance? Why is health insurance likely to become a bigger and more complex issu
    9·1 answer
  • PERSONAL FINANCE WILL GIVE BRAINLIEST !!Melanie is having a lot of financial problems. She is drowning in debt and needs help. S
    7·1 answer
  • 3. Keim, Inc. manufactures baseball gloves that normally sell for $40 each. Keim currently has 1,000 defective gloves in invento
    13·1 answer
  • Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following ann
    10·1 answer
  • Breakthrough innovations account for ___% in the golden ratio on innovation
    11·1 answer
  • Employees covered by the overtime provisions of the Fair Labor Standards Act are labeled a. nonexempt employees. b. salaried wor
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!