Find probability that age of selected ceo is in range

Assignment Help Basic Statistics
Reference no: EM13123854

The average age of CEO is 53. Assume the variable is normally distributed. If the Standard Dev is 8 years, find the probability that the age of a randomly selected CEO will be between 56-57 y/o. (round to 4th decimal) The probability a randomly selected CEO will be between 56-57 y/o is?

Reference no: EM13123854

Questions Cloud

Determining values to make function undefined : For what values or range of values are the following functions undefined
What amount of gains or losses on transactions : Apr.17 Purchased 20,000 shares of Company W common stock for $395,000 plus a brokerage fee of $3,500. The shares represent a 30% ownership in Company W.
Characteristics of the parabola : These questions are about the quadratic function which takes the form: Choose the false statements.
Equation of a tangent line : You are told that a line is tangent to the circle centred at (3,2) with radius 2. If the tangent line and circle intersect at the point (4, 2+ sqrt(3)) find the equation of the tangent.
Find probability that age of selected ceo is in range : Find the probability that the age of a randomly selected CEO will be between 56-57 y/o. (round to 4th decimal) The probability a randomly selected CEO will be between 56-57 y/o is?
Various types of graphs to represent data : What types of information can you gather from graphing a formula? (Every day use, like budgets, Surveys, etc.)
Estimate the true mean tensile strength of bars : Estimate the true mean tensile strength of bars of this size and tyoe using 90% confidence interval. List any assumptions you need to make. Given n=150, x(bar)=477N/mm^2, and s=13.
Probability that newspaper-s sample will lead to defeat : Suppose the budget has the support of 52% of the voters. What is the probability that the newspaper's sample will lead it to predict defeat?
Find proportion of bladders with volume in a range : The distribution of bladder volume in women is approximately N(400,75) in milliliters. Find the proportion of women's bladders with a volume between 500 and 600m.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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!

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