Elucidate what is the probability of normal distribution

Assignment Help Operation Management

Reference no: EM1373428

Q. Draws a triangular distribution with parameters 200, 300 also 600. Then superimpose a normal distribution on this drawing, choosing the mean also standard deviation to match those from the triangular distribution. (Click on the Add Overlay button also then choose the distribution to superimpose)

a. Elucidate what are the 5th also 95th percentiles for these 2 distributions?

b. Elucidate what is the probability which a random number from the triangular distribution is less than 400? Elucidate what is this probability for the normal distribution?

c. Experiment with the sliders to answer questions similar to those in part b. Would you conclude which these 2 distributions differ most in the extremes (right or left) or in the middle? Explain.

Reference no: EM1373428

Questions Cloud

Population growth rates report : Need help to write a report including a list of top 10-countries based on population size including the average population growth rates and with the potential return of FDI of top nation on the list.

Compute the productivity ratios for the old : Compute the productivity ratios for the old also the new production systems. You have to report to the Operations Manager on the impact to productivity of your new process. Elucidate what will you report.

Discuss why you chose content cite at least two sources : This often involves creating a statement of work. You need to hire some financial auditors to help with the annual audit. Create a statement of work for these auditors which meets the subsequent criteria. Discuss why you chose to include which cont..

Expansionary and contractionary monetary policies : Identify and explain the means by which the Fed can affect the money multiplier. How do changes in policy carry through to the economy and compare and contrast expansionary and contractionary monetary policies.

Elucidate what is the probability of normal distribution : Elucidate what is the probability which a random number from the triangular distribution is less than 400. Elucidate what is this probability for the normal distribution.

Forecast effect operational and planning issues : Included in paper should be an explanation of differences among the forecasts for economic indicator and a rationalization for which forecasts you believe are most accurate.

Describe how could cooperative strategies further assist : In Elucidate what ways is Dunkin' Donuts presently using strategic alliances also describe how could cooperative strategies further assist with its master plan for growth.

Describe how much of every type of sugar will be purchased : Describe how much of every type of sugar will be purchased. Describe how would your answer change if the price of store-brand sugar was $2 per pound also the price of producer-brand sugar was $1 per pound.

Concepts of active and passive stabilization : Describe the Quantity of Money theory and identify whether this is a Keynesian or Classical cornerstone. Explain what happens when, based on this theory, the money supply is increased D istinguish the concepts of active and passive stabilization

User Account

All Pages