Illustrate what is the probability that a randomly selected

Assignment Help Business Economics
Reference no: EM1360029

The life expectancy of a particular brand of hair dryer is normally distributed with a mean of 48 months and a standard deviation of 12 months.

Illustrate what is the probability that a randomly selected hair dryer will be in working condition for more than 60 months?

 

Reference no: EM1360029

Questions Cloud

Explain the price and the quantity combinations favored : Ytilizing a single diagram of the saloon's demand curve and its cost curves, show the price and the quantity combinations favored by each of the the three partners.
What percentage of memory-s total operating time refreshes : Consider a dynamic RAM that must be given a refresh cycle 64 times per ms. What percentage of the memory's total operating time must be given to refreshes?
What is the diameter of the copper rod : what is the diameter of the copper rod. Pull horizontally on a crate with a force of 140 N and it slides across the floor in a dynamic equilibrium. How much friction is acting on crate.
Isolate a definition for ergonomics : Ergonomics and Job Design - Isolate a definition for ergonomics and how does ergonomics play into job design?
Illustrate what is the probability that a randomly selected : Illustrate what is the probability that a randomly selected hair dryer will be in working condition for more than 60 months.
Compute the break-even point : Ensco Lighting Company has fixed costs of $100,000, sells its units for $28, and has variable costs of $15.50 per unit. Determine the break-even point.
Mental health counsellors and addiction counsellors : Why are there differences in the licensure process for mental health counsellors and addiction counsellors? What is the scope of practice for both types of counsellors?
Show the strengths and the weaknesses of each model : Show the strengths and the weaknesses of each model - Explain What are some of the risks associated with each approach?
Calculate lowest return : If you require a real growth in purchasing of your investment of 8 percent and you expect the rate of inflation over the next year to be 3 percent,

Reviews

Write a Review

Business Economics Questions & Answers

  Illustrate what are open-market operations

Illustrate what are open-market operations? How are they conducted to fight inflation and recession. Write your answers completely.

  Explain how does global economic competition impact

Explain how does global economic competition impact the domestic market and decisions related to the strategy a firm uses to compete.

  Simultaneous enactment of an investment tax credit

Government budget going from deficit to surplus and the simultaneous enactment of an investment tax credit.

  Employee and your remaining subordinates

Explain how you would tell the employee and your remaining subordinates.

  Illustrate what role did the policies of various governments

Illustrate what role did the policies of various governments play in influencing the international expansion strategies of both.

  Home-building company

Suppose you are the manager of a home-building company and the government is considering eliminating the deduct-ability of mortgage payments interest.

  Explain change in demand or supply

Suppose you are told that price of Toyotas' has increased from last year as has the number bought and sold. Is this an exception of the law of demand, or has there been a change in demand or supply that could account for it.

  Entrepreneurs also businesses at the helm of the economy

In Illustrate what way are entrepreneurs also businesses at the helm of the economy but commanded by consumers?

  Sketch the extensive form of the game

Sketch the extensive form of the game, carefully labelling the players that move and the actions they have available

  Profit-maximizing combination of quantities for monopoly

She can charge different prices in the two markets. Illustrate what is the profit-maximizing combination of quantities for this monopolist.

  Determine the long run equilibrium output

Assume to the firms act independently as in the Cournot model. Determine the long run equilibrium output also selling price for each firm.

  Total revenue corresponding

Illustrate what is the expected annual demand also the total revenue corresponding to your recommended price

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