The probability that it will take an accountant chosen

Assignment Help Business Management
Reference no: EM13910364

Question 1.ACME has 20 accountants. If the time it takes to complete the end of quarter report is normally distributed with a meanof 30 hours and a standard deviation of 5 hours, the probability that it will take an accountant chosen at random lessthan 27 hours is
.726
.0036
.274
.9964

Question 2.For the test of hypotheses:Ho: mu <= 60Ha: mu > 60If you collect a sample of size 40 with a sample mean of 61 what would be the p-value assuming the population standarddeviation is 9?
.7589
.2411
.4558
.5442

Question 3.There are 500 bags of grain in the most recent shipment from Farm R Us. The weight of the bags are normallydistributed with a mean of 200 and a population standard deviation of 10 pounds. If you take a random sample of 20bags, what is the probability that their average will be more than 201 pounds?
.540
.987
.013
.673
.327
.460

Question 4.The time it takes to complete the income tax forms is normally distributed with a mean of 10 hours with a standarddeviation of 2 hours. What is the probability that it will take more than 7 hours?.001
.067
.999
.933

Question 5.It has been determined that the amount of time that it takes a manager to complete a simple clerical task has a mean of400 minutes and a standard deviation of 70 minutes. If you collect a random sample of 50 managers, what is theprobability that their average will be more than 420 minutes?Cannot determine since we do not know if the population is normally distributed.
.612
.978
.388
.022

Question 6.If a standardized test has scores that are normally distributed with a mean of 800 and a standard deviation of 100, howhigh would you have to score to be in the upper 10th percentile?
928
668
1056
544
Question 7.Suppose a population has a population standard deviation of 50. What would be the upper limit of a 88 percentconfidence interval if you obtained a sample of size 60 that had a sample mean of 1000?
1010.0
1007.6
1058.7
1077.7

Question 8.For the test of hypotheses:Ho: mu <= 50Ha: mu > 50If you collect a sample of size 60 with a sample mean of 52 what would be the p-value assuming the population standarddeviation is 10?
.9393
.4207
.0607
.5793


Question 9.For the test of hypotheses:Ho: mu = 100Ha: mu not equal to 100If you collect a sample of size 64 with a sample mean of 104 what would be the p-value assuming the populationstandard deviation is 20?
.5480
.1096
1.8904
.9452

Question 10.If you want to construct a 90 percent confidence interval that has a width of plus or minus 5, how large of a sample doyou need if the population standard deviation is 18?
34
137
55
8

Question 11.You are going to conduct a poll so that you can construct a 95 percent confidence interval with a margin of error of plusor minus 6 percent. How many observations would you need to collect if you estimate that the population proportion isapproximately 80 percent?
246
582
171
231


Question 12.You are going to conduct a poll so that you can construct a 90 percent confidence interval with a margin of error of plusor minus 7 percent. How many observations would you need to collect if you do not have a good idea of the value of thepopulation proportion?
325
139
196
84 

Reference no: EM13910364

Questions Cloud

Design and analysis of a motorcycle rear suspension : The first element is to conduct research into the geometry of a typical motorcycle suspension and specify a typical wheel diameter and sprung mass - Your design should clearly show the joints you have chosen, and you should justify your choices. T..
Determining the volume of solution : Volume of solution is 350 cubic centimeters. It contains 0,12 moles of sodium bicarbonate and 0.08 moles of sodium carbonate. How to calculate pH of such solution?
Analyze the complexities of the derivative markets : Discuss the difficulties that having options in a security portfolio create for the measurement of portfolio risk. Suggest how the standard deviation statistic should be modified to account for this concern.
The disadvantage of a black hole : The disadvantage of a "black hole" is that packets do not reach their destination and no error messages are sent back to inform the sender. Why would a network administrator deliberately disable ICMP messaging on their network? Discuss the security i..
The probability that it will take an accountant chosen : ACME has 20 accountants. If the time it takes to complete the end of quarter report is normally distributed with a meanof 30 hours and a standard deviation of 5 hours, the probability that it will take an accountant chosen at random lessthan 27 hours..
Compare the differences between mac and h-mac : In a 2-3 page paper, complete the following: Compare the differences between MAC and H-MAC. Explain why using H-MAC is more secure than MAC?
Source code with detailed comments : Description of program (script) Source Code with detailed comments
Review concept of a industry-wide private industrial network : Why is Elemica described as an example of an industry consortia net marketplace? How does it differ from other types of net marketplaces like ChemConnect?
Describe what is your domain or area of research : Describe what is your domain or area of research, start from general then focus on the area of research - describe the significant/important of your research, why you need to solve this problem?

Reviews

Write a Review

Business Management Questions & Answers

  Explain in what ways has promotion affected in various stage

Explain In what ways has promotion affected you in various stages of this model and what Does promotion affect you differently based on the type of product in question

  Analysis of suitability of e-business venture

Conduct the analysis using the information on the organisation as well as the country you have been assigned. This analysis should be performed using the following technique:

  List two market research objectives

List two market research objectives and then develop a list of three areas in which you would conduct primary research to meet these research objectives. Each area should be in the form of question you would ask consumers

  List the specific needs and requirements of each company

which facility layout would be the most suitable for each

  Restaurant that permits customer to see food preparations

Can you please create a service blueprint of a local fast food restaurant in Houston? Please choose a restaurant that permits customer to see food preparations

  Communication and identity worksheet-self concept

Find the term “self concept” in your Communication in a Changing World textbook and write the definition in here so that you can easily refer to it

  21st century leadership

21st Century Leadership

  Purchasing amp supply managementdescribe the role of

purchasing amp supply managementdescribe the role of purchasing and supply management in new product development as

  Health care organizations continue to expand geographically

Health care organizations continue to expand geographically and by service provision in order to achieve benefits of cost savings, reduced duplicative services, and reduced administrative staffing requirements among others. The resultant "systems of ..

  Illustrate what if anything must your bank remit to nora

Paul and Penelope fall in love with the house and purchase it for $850,000. Illustrate what if anything must Your Bank remit to Nora and Jed?

  Liquidity premium

Determine the one year liquidity premium commencing one year from now.

  You are a salesperson and you happen to oversee your

you are a salesperson and you happen to oversee your managers expense report for a time frame when he was working with

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