Proportion of the boards

Assignment Help Finance Basics
Reference no: EM131180602

The true length of boards cut at a mill with a listed length of 10 feet is normally distributed with a mean of 123 inches and a standard deviation of 1 inch. What proportion of the boards will be less than 124 inches?

  • 0.4623
  • 0.7765
  • 0.8413
  • 0.1491

Reference no: EM131180602

Questions Cloud

Probability that a randomly selected vitamin : The amount of pyridoxine (in grams) in a multiple vitamin is normally distributed with mean = 110 grams and standard deviation = 25 grams. What is the probability that a randomly selected vitamin will contain between 82 and 100 grams of pyridoxine..
Probability that a randomly selected vitamin : The amount of pyridoxine (in grams) in a multiple vitamin is normally distributed with mean = 110 grams and standard deviation = 25 grams. What is the probability that a randomly selected vitamin will contain between 82 and 100 grams of pyridoxine..
Portfolio composed solely of exchange traded options : Design a portfolio composed solely of exchange traded options (any options of your choice). Please chose a few different companies for the portfolio. Discuss the potential returns and risks involved in this portfolio. Value each option (of your choic..
Discuss the physical changes in boys and girls : Discuss the physical changes in boys and girls. Discuss how puberty affects emotional and social development in boys and girls.
Proportion of the boards : The true length of boards cut at a mill with a listed length of 10 feet is normally distributed with a mean of 123 inches and a standard deviation of 1 inch. What proportion of the boards will be less than 124 inches?
Firm estimates that the nominal annual cash revenues : Price, Inc., is considering an investment of $378,000 in an asset with an economic life of 5 years. The firm estimates that the nominal annual cash revenues and expenses at the end of the first year will be $258,000 and $83,000, respectively. All cor..
Identify the three most popularthree-d printers on market : Identify the three most popular 3D printers on the market today and discuss the manner in which you would use such a device today or in the future.
Standard deviations-data value from the mean : A given data value has a Z-value equal to 1.2. Assuming a normal (i.e., symmetrical) continuous probability distribution, how many standard deviations is the data value from the mean?
Interview a small business owner regarding his policies : Interview a small business owner regarding his Or her policies for evaluating credit applicants.- Summarize your findings in a report.

Reviews

Write a Review

Finance Basics Questions & Answers

  Compute the underwriters spread in dollars per share on the

dipitros paint and wallpaper inc. needs to raise 2.493 million to finance plant expansion. in discussions with its

  A three- month call option is the right to buy stock

A three- month call option is the right to buy stock

  How your newly acquired knowledge of time value of money

Most of us intuitively understand that a dollar required today does not have the same value as a dollar needed (or utilized) in the future. This is due to several factors including interest rates, compounding factors, discounting factors and financia..

  Should mesa consider hedging its exchange rate risk

Based on your answer to question 4, should Mesa consider hedging its exchange rate risk? If so, explain how it could hedge using forward contracts, futures contracts, and currency options.

  Objective and constraints of institutional investor

Institutional investor is the combination of people, organization, and group with significant money to invest in different investment opportunities available in market. It can be an individual or groups to invest in mutual funds, insurance, bounds..

  Which one of the following choices will result in more cash

Which one of the following choices will result in more cash flow from assets, all else (except taxes) constant?

  Firm after-tax cost of debt on the bond

The company is in the 18 percent marginal tax bracket. What is the firm's after-tax cost of debt on the bond?

  Relationships for the haslam corporation

Relationships for the Haslam Corporation

  What is the six-month forward exchange rate

The spot exchange rate is $1.35 per euro. If the interest rate is 1% in the U.S. and 3% in the euro-zone, what is the six-month forward exchange rate between the dollar and the euro?

  1udging the appropriateness of a particular action based on

1udging the appropriateness of a particular action based on a goal to provide the greatest good for the greatest number

  What is the t-bill bond equivalent yield

1)A T-bill with face value $87,000 and 21 days to maturity has a discount from par bid and ask of 4.6% and 4.4%, respectively. What is the price of the T-bill? What is the T-Bill's bond equivalent yield

  Conducting hypothesis testing

WHAT'S IN A SAMPLE? Why is it important that a sample be random and representative when conducting hypothesis testing?

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