Enough capacity with the new

Assignment Help Basic Statistics

Reference no: EM13983068

MP-3 players, and most notably the Apple iPod, have become an industry standard for people who want to have access to their favorite music and videos in a portable format. The iPod can store massive numbers of songs and videos with its 120-GB hard drive.

Although owners of the iPod have the potential to store lots of data, a recent study showed that the actual disk storage being used is normally distributed with a mean equal to 1.95 GB and a standard deviation of 0.48 GB. Suppose a competitor to Apple is thinking of entering the market with a low-cost iPod clone that has only 1.0 GB of storage. The marketing slogan will be "Why Pay for Storage Capacity that You Don't Need?" Based on the data from the study of iPod owners, what percentage of owners, based on their current usage, would have enough capacity with the new 1-GB player?

Reference no: EM13983068

Questions Cloud

Coopers human capital index report : The Price water house Coopers Human Capital Index Report indicated that the average cost for an American company to fill a job vacancy during the study period was $3,270. Sample data similar to that used in the study are in a file entitled Hired.

Conduct an appropriate analysis : In particular, he is interested in knowing the expected proportion of loans in the portfolio that would have balances below $170,000. You are asked to conduct an appropriate analysis and write a short report to the senior loan officers with your c..

What is the averge stress when the pressure drop : A farm water sprinkler is dead headed .the pipe raduis is 4 inches. What is the averge stress when the pressure drop is 38 psi over the entier lenght of the pipe?

Find an equation of the tangent line to the curve : For f (x) = 3/x: Find f'(x). Find f'(2). Find an equation of the tangent line to the curve at x = 2

Enough capacity with the new : The marketing slogan will be "Why Pay for Storage Capacity that You Don't Need?" Based on the data from the study of iPod owners, what percentage of owners, based on their current usage, would have enough capacity with the new 1-GB player?

Comment on the ramifications of step : Assuming that the manager wants at most a 5% chance of this happening, at what level should she set the mean fill level? Comment on the ramifications of this step, assuming that the company fills tens of thousands of cans each week.

Cost of the new equipment : Suppose the going rate for this procedure by other plumbing shops in the area is $85.00, not including the cost of the new equipment. If No Leak bids the disposal job at $85, on what percentage of such jobs will the actual time required exceed the ..

Question regarding the standard deviation of contributions : Further, he has determined that the probability a customer will contribute over $13,000 is 0.025. Based on this information, what is the standard deviation of contributions to the 403(b) program?

What is the relaxed power of administrators eyes : What is the relaxed power of his eyes? I got 52.2 D which is correct If he has the normal 7.80% ability to accommodate, what is the closest object he can see clearly?

User Account

All Pages