User Account

All Pages

Find number of videos manager should order to meet demand

Assignment Help Basic Statistics
Reference no: EM13115055

A video store needs to keep enough recorders in inventory to meet customer demand. But keeping inventories to meet all demand is costly. The manager estimates that 90% of consumer demand for videos will minimize cost. If the monthly demand for videos on average is 180 and standard deviation = 60, what is the number of videos the manager should order to meet 90% customer demand?

Reference no: EM13115055

Questions Cloud

What would be the genotype and genotype ratio : What would be the genotype and genotype ratio if you crossed wild-type (dominant) female flies with white-eyed (recessive) male flies?
Compute gpa will student need to have admitted in school : The Average GPA is known to be 2.67 with standard deviation = 0.58. What GPA will a student need to have to be admitted to the Tech school?
Explain in detail the evolutionary specializations : The story of Archaeplastid evolution is, in many ways, the story of coming onto land. Starting with the Charophyta and ending with the Embryophyta, explain in detail the evolutionary specializations which have allowed many archaeplastids to live s..
Explain what are examples of external and internal change : What things should be taken into consideration in the creation of a roadmap for a strategic plan? Explain What are examples of external and internal change agents
Find number of videos manager should order to meet demand : If the monthly demand for videos on average is 180 and standard deviation = 60, what is the number of videos the manager should order to meet 90% customer demand?
What the new equilibrium total pressure will be : 2SO2(g) + O2(g) 2SO3(g) Suppose the volume of this system is compressed to one-half its initial volume and then equilibrium is reestablished.
What are some strategies used by these organisms : One of the most puzzling questions in biology is how multi-cellularity arose. Explain the conditions under which having a body with more than one cell would have been adaptive.
Probability that renters will not move in nineteen months : The mean time for the completion of a shopping center is estimated to be 14 months with standard deviation = 4 months. What is the probability that the renters will not be able to move in 19 months?
What would be the new equilibrium total pressure : Suppose the volume of this system is compressed to one-half its initial volume and then equilibrium is reestablished. what would be the new equilibrium total pressure.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Average error rate in the processing of transactions

In a sample of 12 bank tellers at a local branch office, the 7 tellers who have completed the advanced training program offered by the bank have a lower average error rate in the processing of transactions than the remaining 5 tellers.

  Finding regression line by using excel

Super Markets, Inc. is considering expanding into the Scottsdale, Arizona, area. Ms. Luann Miller, Director of Planning, must present an analysis of the proposed expansion to the operating committee of the board of directors

  Mean and variance of poisson distribution

Can you please derive the mean and variance of a RV X, which has a Poisson distribution.

  Determining testing proportions

A survey dating back to the 1990's suggested that Americans anticipated a reduction in living standards and that a steadily increasing consumption no longer might be as important as it was in the past. (Were they right?)

  Statistics-normal distribution-word problem

An aptitude test is designed to measure leadership abilities of the test subjects. Suppose that the scores on the test are normally distributed with a mean of 580 and a standard deviation of 120.

  Find probability that total of the sample would be less

If the total of the accounts receivable is only $1,000,000 (but the standard deviation was correct), what is the probability the total of the sample would be less than $9,900.

  Example of statistical analysis

The company investigating the golf balls is not satisfied with the limited analysis that it has done. The managers have collected a good deal of data, but they are not sure how to look at them and interpret the output.

  Chi-squared test-anova test and papmetrics

Explain what a Chi-Squared Test is used for and give an example how you could possibly use this test. What is an ANOVA test? Create an example where this test could be used.

  Probability that he gets a hit in next bat

A baseball player gets a hit in 30 out of 100 times at bat. What is the probability that he gets a hit in his next at bat?

  Type second order-population mean amount dispensed

If you select a random sample of 16 cups and are willing to have an α = 0.05 risk of committing a Type I error, compute the probability of a Type II error (β) if the population mean amount dispensed is actually:

  Describe the correlation strength

Bicycle helmet use. Table lists data from a cross-sectional survey of bicycle safety. The explanatory variable is a measure of neighbourhood socioeconomic status (variable_RFM). The response variable is "percent of bicycle riders wearing a helmet"..

  Significant difference in mean fetal heart rates

Is there a significant difference in mean fetal heart rates by position? Run the test at a 5% level of significance.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd