What percent of invoices were paid within fifteen days

Assignment Help Basic Statistics
Reference no: EM13126267

A study of a company's practice regarding the payment of invoices revealed that an invoice was paid an average of 20 days after it was received. The standard deviation equaled five days. Assuming that the distribution is normal, what percent of the invoices were paid within 15 days of receipt?

Reference no: EM13126267

Questions Cloud

A compound of bromine and fluorine is used to make uf6 : A compound of bromine and fluorine is used to make UF6, which is an important chemical in processing and reprocessing of nuclear fuel. The compound contains 58.37% by mass of bromine. Determine its empirical formula.
Find the differences in accounting for these two situations : In the second situation, the exchange lacks commercial substance. Please explain to Stan, in your own words, the differences in accounting for these two situations.
What mimimum hydronium ion concentration (m) would be needed : What mimimum hydronium ion concentration (M) would be needed to prevent precipitation of cupric hydroxide (Cu(OH)2 Cu2+ + 2OH- , Ksp = 2.2 x 10-20) from a solution containing 0.010 M Cu2+ ion?
Illustrate what is the balance in investment in garvin : Riney did not acquire any of these shares. Illustrate what is the balance in Investment in Garvin after the sale of the 10,000 shares of common stock?
What percent of invoices were paid within fifteen days : The standard deviation equaled five days. Assuming that the distribution is normal, what percent of the invoices were paid within 15 days of receipt?
Find out the amount of depreciation expense for years end : Find out the amount of depreciation expense for the years ended Dec 31, 2009, 2010, 2011 and 2012 by the straight-line method,
Determine the total of each production cost incurred : Winfrey Co.'s March 31 inventory of raw materials is $ 150,0000. Raw materials purchases in April are $ 400,000, and factory payroll cost in April $220,000.
Calculate the energy in kj required to raise the temperature : The specific heat capacity of silver is 0.240 J/(g x degrees C). Calculate the energy (in kJ) required to raise the temperature of 263 g Ag from 273K to 278 K.
What mass of c4h6 in grams is consumed : What mass of C4H6 in grams is consumed in the reaction below when 36.9 grams O2 (g) are also consumed?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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