Probability that the average amount of pork consumed

Reference no: EM13903261

According to the U.S. Department of Agriculture's World Livestock Situation, the country with the greatest per capita consumption of pork is Denmark.

In 2013, the amount of pork consumed by a person residing in Denmark had a mean value of 147 pounds with a standard deviation of 62 pounds. If a random sample of 25 Danes is chosen, approximate the probability that the average amount of pork consumed by the members of this group in 2013 exceeded 150 pounds.

Reference no: EM13903261

Questions Cloud

The systematic collection and analysis of publicly available : The systematic collection and analysis of publicly available information about consumers, competitors, and developments in the marketing environment

How might managements observation influence its choice : Managerial incentives of performance evaluation based on accounting data. How might management's observation influence its choice between the two investment projects?

Describe some of the personal and psychological factors : 1. Describe some of the personal and psychological factors that may influence what consumers buy and when they buy it. 2. Identify the ways in which business-to-business (B2B) markets differ from business-to-consumer (B2C) markets.

Probability that the average amount of pork consumed : According to the U.S. Department of Agriculture's World Livestock Situation, the country with the greatest per capita consumption of pork is Denmark.

Offer for ello : Offer for Ello(10 grades): 1- Problem. (2 grades) 2- Solution. (2 grades)

Smart objectives with its measuring metrics ello : Two marketing SMART Objectives with its measuring metrics Ello. (4 grades) Strategic Targeting and Positioning STP. Ello (3 grades)PESTEL Analysis Ello. (2 grades)

Construct a table describing the probability distribution : Construct a table describing the probability distribution. Determine the mean and standard deviation of x. (Round the answer to two decimal places)

What is difference between a cost center and a profit center : What is the difference between a cost center and a profit center? What is the difference between a profit center and an investment center? Why is it difficult to assess the effectiveness of discretionary cost centers?

User Account

All Pages