Student heights are normally distributed

Assignment Help Business Economics
Reference no: EM13974947

Student heights are normally distributed. The mean height of students is 68.5 inches and the standard deviation is 2.5. Calculate the probability that a randomly selected student is between 69.15 inches and 74.68 inches tall.

Reference no: EM13974947

Questions Cloud

How would you expect this announcement to affect the value : How would you expect this announcement to affect the value of your bond? Explain your response.
Unconventional approaches used in monetary policy : Describe the 3 unconventional approaches used in monetary policy since 2007. Why was it necessary for the Fed to pursue unconventional approaches?
Find the average cost of unit of grass : The Lost Mountains of northern Iowa are inhabited by the rare Marshallian deer. Patches of grass are far apart in this rugged land. If a deer finds a fresh patch of grass and spends h hours grazing it, it gets y = √ h units of grass. The deer compete..
Student heights are normally distributed : Student heights are normally distributed. The mean height of students is 68.5 inches and the standard deviation is 2.5. Calculate the probability that a randomly selected student is between 69.15 inches and 74.68 inches tall.
Variance of the number of stores visited with the promotion : The mean number of mall stores visited by a customer is 4.9 and the variance is 1.9. A new promotion increases the number of stores visited by 2. Calculate the variance of the number of stores visited with the promotion? Use the laws of expected valu..
The supply curve of an individual firm : Consider a competitive industry with many identical firms. The supply curve of an individual firm is given by S1(p) = 2p when p ≥ $2 and S1(p) = 0 when p
An increase in general price levels : All other factors held constant, what would be the effect on the demand for money (M1) of each of the following situations. Explain the rationale behind your responses.
Local grocery store check-out line is uniformly distributed : The items per minute scanned at a local grocery store check-out line is uniformly distributed between 11 and 48 items. What is the probability that the items scanned per minute by a randomly selected clerk is more than 35.9? Provide your answer in de..

Reviews

Write a Review

Business Economics Questions & Answers

  Achieve reduced pollution levels rather than using tax

Describe a situation in which there is an economic argument for regulation the quantity of pollution reduction in order to achieve reduced pollution levels rather than using a tax.

  What profit do you expect that firm will make in first year

What profit do you expect that the firm will make in the first year? (iii) Do you expect this profit level to continue in subsequent years?

  What is the PW of a cash flow that pays

The inflation rate of Price land is at 3%. It is predicted to stay at 3% for the next 5 years, and drop to (and stay at) 2% after 5 years. What is the PW of a cash flow that pays $1000 per year forever if the real rate of return is 5%?

  Illustrate what effect would customer expectations

Illustrate what effect would customer expectations of substantial price increases in music players have upon the demand for portable music players in a completive marketplace

  GDP consists of cranberries and maple syrup

In the country of Mainia, GDP consists of cranberries and maple syrup. In 2000, 50 units of cranberries are sold at $10 per unit, and 100 units of maple syrup are sold at $5 per unit. If the price of cranberries was $5 per unit and the price of maple..

  Inflationary consequences of an upswing in aggregate demand

Explain in words the inflationary consequences of an upswing in aggregate demand. Assume the economy is initially at equilibrium and make sure you adequately explain the transmission mechanisms as well as the final result.

  Elastic to inelastic affects the consumers economic burden

How changing the price elasticity of demand from elastic to inelastic affects the consumer's economic burden of a tax and the government's collected tax revenues?

  Write the equation for the consumers budget line

A consumer must divide $600 between the consumption of product X and product Y. The relevant market prices are Px = $10 and Py = $40. a. Write the equation for the consumer's budget line. b. Illustrate the consumer's opportunity set in a carefully la..

  Scarcity is the main reason we are studying economics

Scarcity is the main reason we are studying economics. Scarcity exists when human wants exceed available resources. Write a four paragraph post that explains the difference between a want and a need? Please give five examples for each of these two co..

  Determine how long the solar system-electric system

The installed cost of a conventional electric hot water heater is $200. A family of four uses an average of 300 liters of hot water a day, which will require $350 worth of electricity each year.

  Market is initially in disequilibrium

Compare how equilibrium is attained in the market for goods and services versus the market for real-money balances. (Hint: Explain what force moves the market back to equilibrium if the market is initially in disequilibrium).

  Q1 explain how does the concept of dualism adequately

q1. explain how does the concept of dualism adequately portrays the development picture in developing countriesq2. if

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