What is the z-value that you should look up

Assignment Help Business Management
Reference no: EM132342734

In the store where the daily sales averages are normally distributed, the mean sales for a product is $75 and the standard deviation is $10. If you want to find out the probability that a randomly picked daily sale of this product is 105 or above, what is the z-value that you should look up on the normal distribution table?

Reference no: EM132342734

Questions Cloud

Studying the effect of a certain antidepressant medication : A psychiatrist is studying the effect of a certain antidepressant medication on serotonin levels in the brain. The psychiatrist randomly assigns 32
What is the probability that this whole shipment : If a particular shipment of thousands of ibuprofen tablets actually has a 14% rate of defects, what is the probability that this whole shipment will be accepted
Find the mean and standard deviation : Find the mean and standard deviation for the number of times the letter n will be found on atypical page of 2900 characters.
Nyc taxi and limousine commission raised taxi fares : In May 2004, NYC taxi and Limousine Commission raised taxi fares by 28%, as a result, the number of taxi rides per day declined
What is the z-value that you should look up : If you want to find out the probability that a randomly picked daily sale of this product is 105 or above, what is the z-value that you should look up on the no
Test the claim that the percentage of females : Test the claim that the percentage of females who want to get married is less than that of males at a 0.01 level of significance.
Assume gasoline prices for a region are normally distributed : Your random survey of 25 stations and the prices are below (all in dollars). Assume gasoline prices for a region are normally distributed.
Estimate the true proportion of us voters : How many voters should be surveyed in order to be 95% confident that the true proportion is estimated to be within 5%?
Find the margin of error for survey : In a survey of 3300 T.V. viewers, 20% said they watch the network news programs. Find the margin of error for this survey if we want

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