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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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Answer:

Option d (economy of the country) is the appropriate answer.

Explanation:

  • Along with many other things, the economy of such a given country is regulated by its society, rules, history, as well as geography, and then it develops out of requirement.
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Some other options offered aren't relevant to the situation described. For the aforementioned to be the right answer.

5 0
3 years ago
Suppose that business travelers and vacationers have the following demand for airline tickets from New York to Boston:
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Answer

Price elasticiy of demand for business travelers: -0.16

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Explanation:

To find the price elasticy of demand (PED) using the midpoint method, we use the following formula:

PED = \frac{(Q2-Q1)/[(Q2+Q1)/2]}{(P2-P1)/[(P2+P1/2]}

Where Q2 and P2 are the new quantity demanded and new price respectively, and Q1 and P1 are the old quantity demanded and price.

Plugging the amounts into the formula we obtain the results of the answer.

Because both results are in absolute value less than one (0.16 and 0.29), we can say that the PED of tickets, for both vacationers and Business traveleres, is relatively inelastic. (Demand falls less in proportion to the change in price).

4 0
3 years ago
Which of these actions could constitute a breach of the Civil Rights Act? A. The human resources department rejected Fatima’s ap
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Answer:E. The human resource department did not promote Fatima because they thought that she would not be able to travel as frequently as the job requred because she has two young children.

Explanation: This action constituted a breach of the Civil Rights Act.

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2 years ago
Why do firms assess their sourcing capabilities?a. They can easily spot suppliers who are not practicing sustainable sourcing pr
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Answer:

The answer is c. They can gauge their success in improving their own value-enhancing contributions to the firm

8 0
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A department had 600 units which were 40% complete in beginning Goods in Process Inventory. During the current period, 7,000 uni
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Answer:

The equivalent units produced is 7320

Explanation:

To get the units produced in this period we ignore the beginning inventory, we just add new transferred out  +ending inventory

  • 7,000 units were transferred out  
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Adding the 3 items

UP=7000+320=7320

4 0
3 years ago
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