Find the exact probability that the average price

Assignment Help Operation Management
Reference no: EM132720855

The cost of unleaded gasoline in the Bay Area once followed a normal distribution with a mean of $4.74 and a standard deviation of $0.16. Twenty-eight gas stations from the Bay area are randomly chosen. We are interested in the average cost of gasoline for the 28 gas stations. Find the exact probability that the average price for 28 gas stations is less than $4.69.

Reference no: EM132720855

Questions Cloud

Differences between preignition and detonation : Explain the differences between preignition and detonation and how each one can be prevented.
Think about the various topics : Think about the various topics you read and thought about supervision. Choose one topic that made a particularly strong impression on you.
Contrast formal and informal communication : Complete the following questions in full and complete detail. Make sure you either number or repeat the question when answering.
What are some celebrations in culture : Would most people understand the role of the social worker in your culture? How would getting help from a social worker generally be perceived in your culture?
Find the exact probability that the average price : Find the exact probability that the average price for 28 gas stations is less than $4.69.
Federal statute evaluation : You are to evaluate one of the federal statutes that has been passed to prohibit various forms of discrimination in regards to employment.
Calculate the book value as of December : On June 1, 20-, a depreciable asset was acquired for $6,840. Using the straight-line depreciation method, calculate the book value as of December
How does culture deal with death and funerals : s marriage between members of your ethnic group and outsiders generally tolerated? How does your culture deal with death and funerals?
Intermediate-range production and work force planning : For intermediate-range production and work force planning? Explain your answers briefly.

Reviews

Write a Review

Operation Management Questions & Answers

  An analysis of the strategic cascade of the organization

An analysis of the strategic cascade of the organization. What is the target market (target customer)? What is your organization's value proposition.

  Did this article have personal value for you

What did you learn, if anything, that will be most useful to you in this course and in the future as a project manager directing a global project?

  Company sells certain type of laundry bleacher called whiten

DDD company sells certain type of laundry bleacher called "Whiten". DDD uses periodic inventory review policy to determine stock level of Whiten for each month

  Discussion on benefits-challenges and methods

Provide an example of an organization that has implemented programs and tools to assist their employees in managing and coping with their stress. Please include in your reposne a discussion on benefits and challenges, methods, reaction of employees?

  Could asch-type situation be used to sell the product

What reference groups would be relevant to the decision to purchase the product or activity (based on students on your campus)?

  What has been your biggest challenge as a leader

Were there any nuances to the leader's responses which may be attributed to gender or cultural differences in leadership behaviors discussed in the module?

  Considered to be the key to organizational excellence

Explain why communication is considered to be the key to organizational excellence and how it has become more complex over the years.

  Fundamental rights donaldson suggests as moral minimum

Which of the following is NOT on of the fundamental rights Donaldson suggests as a moral minimum?

  Describe one example of their unethical practices

List an example of an unethical company from outside the United States. Describe one example of their unethical practices. This could include air pollution, water pollution, or anything.

  Processes during planning of any project

Explain the 24 processes during planning of any project. Not less than 2 pages and not more than 5 pages.

  Define direct democracy and discuss arguments

Define direct democracy and discuss arguments for and against the direct democracy process for public policy development

  Value to the customer and value to the company

As described in your textbook, brand equity provides both value to the customer and value to the company.

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