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
wariber [46]
3 years ago
14

An office manager has received a report from a consultant that includes a section on equipment replacement. The report indicates

that scanners have a service life that is normally distributed with a mean of 41 months and a standard deviation of 4 months. On the basis of this information, determine the percentage of scanners that can be expected to fail in the following time periods:
a. Before 38 months of service
b. Between 40 and 45 months of service
c. Within ± 2 months of the mean life
Business
1 answer:
goldenfox [79]3 years ago
5 0

Answer:

a) 22.663%

b) 44%

c) 38.3%

Explanation:

An office manager has received a report from a consultant that includes a section on equipment replacement. The report indicates that scanners have a service life that is normally distributed with a mean of 41 months and a standard deviation of 4 months. On the basis of this information, determine the percentage of scanners that can be expected to fail in the following time periods:

We solve the above question using z score formula

z = (x-μ)/σ, where

x is the raw score

μ is the population mean = 41 months

σ is the population standard deviation = 4 months

a. Before 38 months of service

Before in z score score means less than 38 months

Hence,

z = 38 - 41/4

z = -0.75

Probability value from Z-Table:

P(x<38) = 0.22663

Converting to percentage = 0.22663 × 100

= 22.663%

b. Between 40 and 45 months of service

For x = 40 months

z = 40 - 41/4

z = -0.2

Probability value from Z-Table:

P(x = 40) = 0.40129

For x = 45

z = 45 - 41/4

z = 1

Probability value from Z-Table:

P(x = 45) = 0.84134

Between 40 and 45 months of service

= 0.84134 - 0.40129

= 0.44005

Converting to Percentage

= 0.44005 × 100

= 44.005%

= 44%

c. Within ± 2 months of the mean life

+ 2 months = 41 months + 2 months

= 43 months

- 2 months = 41 months - 2 months

= 39 months

For x = 43

z = 43 - 41 /4

z = 0.5

P-value from Z-Table:

P(x = 43) = 0.69146

For x = 39

z = 39 - 41/4

z = -2/4

z = -0.5

Probability value from Z-Table:

P(x = 39) = 0.30854

Within ± 2 months of the mean life

= 0.69146 - 0.30854

= 0.38292

= 38.3%

You might be interested in
The marginal benefit of an additional beach towel is $12. The marginal cost of producing an additional beach towel is $8. If pro
valkas [14]

Answer:

The correct answer is: D. beach towel production is not allocatively efficient but is productively efficient.

Explanation:

Production costs are the night terror that keeps many business owners awake. These costs seem to have a mind of their own and the only solution is to keep track of them to keep them under control. A successful entrepreneur must find a way to operate his business efficiently and profitably to always be aware of production costs. And for this, it is best to track expenses to see if labor, materials or overhead are exceeding the amounts allocated in a budget at each stage of production.

7 0
3 years ago
A corporate coupon bond of 6.9 percent is callable in five years for a call premium of one year of coupon payments. Assuming a p
bagirrra123 [75]

Answer:

$1,069

Explanation:

Data provided in the given question

Future value = $1,000

Coupon bond = 6.9%

Time period = 5 years

The computation of price paid is shown below:-

Amount Paid = Principal Amount + Call premium

= $1,000 + 6.9% × $1,000

= $1,069

Therefore, for calculating the amount paid we simply add principal amount add call premium.

3 0
3 years ago
Tom has brought $150,000 from his pension to a new job where his employer will match
Naddik [55]
Does anybody else don’t have a ad on brianly
8 0
3 years ago
An employee gets injured at work when he is stung by a bee, and follows the correct procedures for reporting a work injury to hi
SOVA2 [1]
I would say that the program the employer is misusing against the employee is the  reporting of  all workplace safety hazards or injuries. The purpose of such a program as agreed to between probably the union and the safety/first aid departments of the company would be to ensure that all injuries are treated and assessed for how to avoid in the future and also all safety hazards are reported to allow action to be taken to avoid a lost time accident or even fatality. 
3 0
3 years ago
Read 2 more answers
If sellers do not adjust their quantity supplied at all in response to a change in price, the price elasticity of supply is
Kryger [21]

Answer:

D

Explanation: zero, and the supply curve is vertical.

4 0
3 years ago
Other questions:
  • The amended Telemarketing and Consumer Fraud Abuse Protection Act of 1994 states:
    15·2 answers
  • When a product spreads through the population, it is called the?
    6·1 answer
  • Suppose you study a group of successful companies and you find that they emphasize customer focus, or quality improvement, or em
    7·1 answer
  • A productivity index of 110% means that a company’s labor costs would have been 10% higher if it had not made production improve
    15·1 answer
  • Billabong Tech uses the internal rate of return​ (IRR) to select projects. Calculate the IRR for each of the following projects
    8·1 answer
  • The simplest way for countries to enter into a trade agreement is through signing a treaty to enter a( )with another country.( )
    13·2 answers
  • Say that Alland can produce 32 units of food per person per year or 16 units of clothing per person per year, but Georgeland can
    10·1 answer
  • LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.7 hours of direct labor at the r
    9·1 answer
  • Evaluating your payoffs as gains or losses relative to an arbitrary baseline distorts your decisions and is a problem associated
    15·2 answers
  • Under the periodic inventory system, the merchandise inventory account balance is the __________. a.) most recent inventory purc
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!