Risk of delivering the items by delay

Assignment Help Basic Statistics
Reference no: EM132848144

1. Suppose Walmart wants to decide between two suppliers who provide frozen meat for the company, supplier A and supplier B. The following data shows the number of days that these two suppliers had delayed in delivering five different orders.

Supplier A: 5, 5, 4, 4, 3

Supplier B: 2, 8, 7, 2, 1

If Walmart wants to decide between two producers only based on the risk of delivering the items by delay, which supplier should the company choose? Explain your answer.

Reference no: EM132848144

Questions Cloud

What is the probability that the office receives : The switchboard in a Minneapolis law office gets an average of 2 incoming phone calls during the noon hour on Mondays. Experience shows that the existing
Why might a ceiling effect be important to consider : 1. Why might a ceiling effect be important to consider? 2. What is an example of a floor effect?
How many standard deviations above the mean : Assuming a normal distribution, how many standard deviations above the mean does a student have to score to be publicly recognized?
What is artificial intelligence : Briefly answer this questions: TY What is Artificial Intelligence?
Risk of delivering the items by delay : If Walmart wants to decide between two producers only based on the risk of delivering the items by delay, which supplier should the company choose?
What is the 75th percentile for length in population : In a certain population of fish, lengths are approximately normally distributed with a mean of 58mm and standard deviation of 3mm.
Determining the indicated probability : Assume that x = 28; = 4.4P has a normal distribution with the specified mean and standard deviation. Find the indicated probability.
Test the claim about the population proportion : If it can be? used, test the claim about the population proportion p at the given level of significance a using the given sample statistics.
What is the probability of finding a value : For a normally distributed population with a mean of 475 and standard deviation of 30 answer the following questions.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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