Normal distribution introduction

Assignment Help Basic Statistics

Reference no: EM1314287

Fast Service Truck Lines uses the Ford Super Duty F-750 exclusively. Management made a study of the maintenance costs and determined the number of miles traveled during the year followed the normal distribution. The mean of the distribution was 60.000 miles and the standard deviation 2.000 miles.

a) What percent of the Ford Super Duty F-750s logged 65.200 miles or more?

b) What percent of the trucks logged more than 57.060 but less than 58.280 miles?

c) What percent of the Fords traveled 62.000 miles or less during the year?

d) Is it reasonable to conclude that any of the trucks were driven more than 70,000 miles? Explain.

Reference no: EM1314287

Questions Cloud

Calculating annuity payments and annuity present value : Calculating Annuity Payments and Annuity Present Value of the project - Find the annual cash flow be and evaluate the present value of the savings?

Approximated poisson distribution : Assume the arrival of these emails i3 approximated by the Poisson distribution.

Explanation for human development indicator : Discuss briefly what you think the way in which the HDI is constructed. (Briefly means no more than five lines of text. Excesses are severely penalised.)

Determine the annual loan payment be : Calculating Annuity Payments, Perpetuity Present Value, Perpetuity Required Rate and Effective Interest Rate and Determine the annual loan payment be?

Normal distribution introduction : What percent of the Fords traveled 62.000 miles or less during the year?

Mark each statement true or false : Mark each statement True or False.

Items of calculation of gnp : Which of the following items are included in the calculation of GNP in the UK, and which are excluded?

Evaluate the company''s total cost of merchandise : Evaluate the company's total cost of merchandise purchased for the year and prepare a multiple-step income statement that includes separate categories for selling expenses and for general and administrative expenses.

Determine the ending balance : Determine the ending balance of unadjusted the trial and what is the ending balance of the cash account

User Account

All Pages