In an industrial setting, process steam has been found to be normally distributed with an average value of 25,000 pounds per ho ur. There is a(n) 80% probability that steam flow lies between 20,000 and 30,000 pounds per hour. What is the variance of the steam flow?
1 answer:
Answer:
Variance is
Solution:
As per the question:
Average value of the steam, = 25000 pounds per hour,
To calculate the variance, of the steam:
where
= standard deviation
at 0.8 is 1.285 from Z-table
Thus
Variance,
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