Weights of the sugar bags

Assignment Help Macroeconomics
Reference no: EM131250960

Packages of sugar bags for Sweeter Sugar Inc. have an average weight of 16 ounces and a standard deviation of 0.25 ounces. The weights of the sugar bags are normally distributed. What is the probability that 25 randomly selected packages will have an average weight in excess of 16.06 ounces?

Reference no: EM131250960

Questions Cloud

What would happen to equilibrium prices : Again consider the Coke and Pepsi example discussed in the chapter.
Retrieve the name resolution policy table rule : Install a virtual instance of Windows Server using VirtualBox (http://www.virtualbox.org). Using PowerShell, retrieve the Name Resolution Policy Table rule that is configured on the server.
Why is pepsi''s reaction function so flat : Explain why Pepsi's profit-maximizing price seems to be relatively insensitive to Coke's price. That is, why is Pepsi's reaction function so flat?
Explain the difference between editing and revising : Briefly explain you greatest strength and greatest weaknes as a writer. Explain the difference between editing and revising
Weights of the sugar bags : Packages of sugar bags for Sweeter Sugar Inc. have an average weight of 16 ounces and a standard deviation of 0.25 ounces. The weights of the sugar bags are normally distributed. What is the probability that 25 randomly selected packages will have..
Feet and standard deviation : Given the length an athlete throws a hammer is a normal random variable with mean 50 feet and standard deviation 4 feet, what is the probability he throws it between 47 feet and 60 feet?
Evaluate the given statements : Evaluate the statements - If the future spot rates are expected to be lower than the current forward rates for the same maturities, bonds are most likely to be overvalued, according to the expectations hypothesis.
What do you consider the value of informal groups : In class, we discussed the Health Leadership Competency Model. Using the model, describe what facet of leadership hospital administration lacks the most. Then describe what facet health administration does best. How would you suggest fixing the we..
Create a class rectangle with attributes length and width : Exercise JHTP (Rectangle Class): Create a class Rectangle with attributes length and width, each of which defaults to 1. Provide methods that calculate the rectangle's perimeter and area. Use set and get methods for both length and width.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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