The number of trays that should be prepared if the owner wants a service level of at least 95% is; 7 trays
<h3>How to utilize z-score statistics?</h3>
We are given;
Mean; μ = 15
Standard Deviation; σ = 5
We are told that the distribution of demand score is a bell shaped distribution that is a normal distribution.
Formula for z-score is;
z = (x' - μ)/σ
We want to find the value of x such that the probability is 0.95;
P(X > x) = P(z > (x - 15)/5) = 0.95
⇒ 1 - P(z ≤ (x - 15)/5) = 0.95
Thus;
P(z ≤ (x - 15)/5) = 1 - 0.95
P(z ≤ (x - 15)/5) = 0.05
The value of z from the z-table of 0.05 is -1.645
Thus;
(x - 15)/5 = -1.645
x ≈ 7
Complete Question is;
A bakery wants to determine how many trays of doughnuts it should prepare each day. Demand is normal with a mean of 15 trays and standard deviation of 5 trays. If the owner wants a service level of at least 95%, how many trays should he prepare (rounded to the nearest whole tray)? Assume doughnuts have no salvage value after the day is complete. 6 5 4 7 unable to determine with the above information.
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Answer:
By running multiple regression with dummy variables
Explanation:
A dummy variable is a variable that takes on the value 1 or 0. Dummy variables are also called binary
variables. Multiple regression expresses a dependent, or response, variable as a linear
function of two or more independent variables. The slope is the change in the response variable. Therefore, we have to run a multiple regression analysis when the variables are measured in the same measurement.The number of dummy variables you will need to capture a categorical variable
will be one less than the number of categories. When there is no obvious order to the categories or when there are three or more categories and differences between them are not all assumed to be equal, such variables need to be coded as dummy variables for inclusion into a regression model.
Answer:
awnsers should be added to know to show additional
Answer:
B false it is illegal to only have got fog lights on though and bright headlights because it can distract other drivers going last and if the y are distracted then that will cause a collision
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Explanation:
