What is the probability that a random sample of 100 orders

Assignment Help Business Economics
Reference no: EM133080479

The average completion time for new orders is 32 minutes with a standard deviation of 12 minutes. What is the probability that a random sample of 100 orders shows an average completion time of 30 minutes or less?

Reference no: EM133080479

Questions Cloud

Why filipinos turn to sachet economy : What are the practical reasons why Filipinos turn to sachet economy?
Identify the market equilibrium : Suppose that the demand of pizza is given by QD= 100-2P and the supply by Qs= -25+3P. on the same graph, draw the supply and the demand, and identify the market
Japanese desperation towards the end of world war ii : How does this picture illustrate Japanese desperation towards the end of World War II?
Analyse the main types of labour mobility : Analyse the main types of labour mobility and discuss the forces motivating people to move from one place to another
What is the probability that a random sample of 100 orders : What is the probability that a random sample of 100 orders shows an average completion time of 30 minutes or less?
How a perfectly competitive firm derives demand curve : Explain, with the aid of a diagram, how a perfectly competitive firm derives its demand curve.
Do viewers sometimes actually enjoy commercials : Do viewers sometimes actually enjoy commercials? Cite evidence from the article to support your answer.
Solve adverse selection problem : Explain how the following tools can help solve adverse selection problem. Which one is more effective and why?
Hinder economic development within the caribbean : Discuss FOUR (4) internal factors, with illustrating examples, that hinder economic development within the Caribbean?

Reviews

Write a Review

Business Economics Questions & Answers

  Other consumer goods open stores in outlet malls

Many manufacturers of clothing and other consumer goods open stores in outlet malls where they charge much lower prices than they charge in their own stores located within cities. Outlet malls are typically located a considerable distance from major ..

  Brief introduction and detail of the firm

You are to select a global firm and assess the following with respect to IT and IS

  Example of a profane or sacred activity

Is the use of oracles an example of a "profane" or "sacred" activity? Explain Bronislaw Malinowski's notions of the "sacred" and the "profane

  Market research department recommends manufacture-marketing

A company's market research department recommends the manufacture and marketing of a new headphone set for MP3 players. after suitable test marketing, the research department presents the following price demand equation: p=10-0.0011x where x is the n..

  What does the law of demand states

Please answer the following-Economics review 1. What does the law of demand states?

  Other types of variables

Elucidate what other types of variables should be considered when determining what is reasonable in terms of maintenance expense.

  Tmplemention phase within the sdlc

Complete this assignment by covering the implemention phase within the SDLC, Systems Analysis and Design – The Movement to Objects

  What was their risk approach to the decision they made

From the new York times. What business and/or economic factors prompted the decision? Did the managers involved satisfied or optimize? What was their risk approach to the decision they made? In your assessment, how creative was their decision?

  Solve for and interpret the lagrangian multiplier

The SFU Wellness Center is an organization providing help to distressed students on campus during the two weeks exam period at the end of every semester. Determine the optimal combination of medical and counseling staff for the SFU Wellness Center. S..

  Suggest that crime is justified by the bottom

One of the connections we see with poverty and crime is the simple act of one committing crimes to meet their basic human needs. There is strong debate over whe

  Attractive opportunities for growth and profitability

The national restaurant association publishes an annual industry factbook that can be found at wwwrstaurant.org. Based on information in the latest report, does it appear that macro-environmental factors and the economic characteristics of the indust..

  What do authoritarian monarchies-authoritarian oligarchies

What do authoritarian monarchies and authoritarian oligarchies have in common? The Prevalence of what kind of executive throughout history and across cultures reinforce the family business analogy? We can see the fundamental difference between a pres..

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