What is the probability that a randomly selected television

Assignment Help Business Management
Reference no: EM132839409

The average price of a? 42-in. television on an electronics? store's website is ?$850. Assume the price of these televisions follows the normal distribution with a standard deviation of ?$150.

a. What is the probability that a randomly selected television from the site sells for less than ?$600??

The probability is 0.0475

b. What is the probability that a randomly selected television from the site sells for between ?$450 and ?$550??

The probability is 0.0190

c. What is the probability that a randomly selected television from the site sells for between ?$950 and ?$1,050??

The probability is 0.1596

d. The price intervals in parts b and c are equal? ($100). Why are the probabilities so? different?

The interval ? ? than the interval ?

Reference no: EM132839409

Questions Cloud

What is the length of the specification interval : 1.A product specification for a critical measurement is 120 +/- 0.2 millimeters. What is the length of the specification interval?
What does molotov predict if such a front is opened : Given that a second front in France was not opened until June 1944, what do you think the effect of that delay may have had on longer-term U.S.-Soviet relations
What is the value of a common share : If expected dividends grow at 6% and the appropriate discount rate is 11%, what is the value of a common share with an expected dividend of $5.33
What were the most radical aspects of long plan : What did Long predict would be the consequences if the nation failed to adopt a program such as his? What were the most radical aspects of Long's plan?
What is the probability that a randomly selected television : What is the probability that a randomly selected television from the site sells for less than ?$600??
What amount should Martin Company report as dividend income : Martin owns a 5% interest in Luke Company. What amount should Martin Company report as dividend income for the current year
Define firewall security techniques : Using the Web or other resources, do a bit of research on the methodologies that Microsoft Windows firewall uses. Define a firewall.
Performance management : What is the relationship between an organization's annual performance review process/evaluation assessment and employee motivation?
What changes did sanger hope would come about : What changes did Sanger hope would come about if unplanned pregnancies could be prevented? What changes did Sanger describe in married relations

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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