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baherus [9]
3 years ago
7

The weight of a product is normally distributed with a standard deviation of 0.5 grams. If the production manager wants no more

than 5% of the products to weigh more than 5.1 grams, then the average weight should be _____.
Business
1 answer:
Savatey [412]3 years ago
5 0

Answer:

4.28 grams

Explanation:

The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by the formula:

z=\frac{x-\mu}{\sigma} \\\\where\ \mu=mean,\sigma=standard \ deviation,\ x=raw\ score

Given that:

P(x > 5.1 grams) = 5%, x = 5.1 grams, σ = 0.5 grams

P(x > 5.1 grams) = 5%

P(x < 5.1 grams) = 100% - 5% = 95%

P(x < 5.1) = 95%

From the normal distribution table, 95% corresponds with a z score of 1.645. Hence:

1.64=\frac{5.1-\mu}{0.5}\\\\5.1-\mu=0.82\\\\\mu=4.28\ grams

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<h3>What is the path-goal leadership theory?</h3>

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1 year ago
Lauren is the owner of a bakery that earns 0 (zero) economic profit. Last year, her total revenue was $145,000, her rent was $12
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Answer: The correct answer is " a. $92,000.".

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So her total explicit cost were: $12 000 + $65 000 + $15 000 = $92 000.

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3 years ago
One key for sport organizations to use market segmentation effectively involves integrating the strategy with a DBM or CRM syste
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Answer:

TRUE.

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One key for sport organizations to use market segmentation effectively involves integrating the strategy with a DBM or CRM system to pinpoint which segments can be contacted. Both DBM and CRM systems can give an organization very valid and reliable information about their customers which then managers can use to form patterns and analyse trends and buying habits of the customers. This information can be easily used for effective targeting. Managers can easily know which segments they should target and how sales can be increased in that particular segment. What offers should be sent to that specific segment.

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"Municipal bonds, or "munis," are bonds issued by states, counties, and cities, in addition to other public agencies such as sch
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Answer:

1. True

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3 years ago
a commercial bank has $1,000,000 of customer checking deposits and actual reserves of $300,000. if the reserve ratio is 20 perce
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The maximum amount of new loans the bank can extend is $800,000.

<h3>What is the maximum amount of new loans the bank can extend?</h3>

The reserve ratio is the amount of deposits that must be kept as reserves with the central bank. The money that is not kept as reserves can be used to create loans.

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