Solution-Which store is more likely to have a day sales in

Which store is more likely to have a day sales in excess

Assignment Help Business Management

Reference no: EM132279465

Joe's Record World has two stores and sales at each store follow a normal distribution. For store 1, μ = $2,000 and σ = $200 per day; for store 2, μ = $1,900 and σ = $300 per day. Which store is more likely to have a day's sales in excess of $2200?

Reference no: EM132279465

Questions Cloud

Describe the sampling distribution : Suppose a simple random sample of size n = 125 Suppose a simple random sample of size N = 15,000 and whose population proportion with a specified characteristic

Best prediction be for the number of admissions : What would the best prediction be for the number of admissions expected in 1990?

Average salary of the participants in practice : Determine if the average salary of the participants in Practice Data Set 2 in Appendix B is significantly greater than this value.

Suppose a simple random sample of size : Suppose a simple random sample of size n=1000 is obtained from a population whose size is N= 1,500,000 and whose population proportion with a specified

Which store is more likely to have a day sales in excess : Which store is more likely to have a day's sales in excess of $2200?

Mean length of sentencing for the crime : Construct and interpret a 90?% confidence interval for the mean length of sentencing for this crime.

Sociologist believes that the percentage has increased since : Suppose the null hypothesis is rejected. State the conclusion based on the results of the test. Six years? ago, 11.5?% of registered births

Calculate product cost and product margin for each product : BSI currently sells the A-10 model for $4,810 and the A-25 model for $1,995. Calculate the product cost and product margin for each product

What is the relationship between sample size : What is the relationship between sample size, standard error, and confidence intervals?

User Account

All Pages

Which store is more likely to have a day sales in excess

Reference no: EM132279465

Reference no: EM132279465

Questions Cloud

Reviews

Write a Review

Business Management Questions & Answers

Non monetary incentives and motivationhow effective are

Reciprocal relationship within the selected organization

Probability that a randomly selected cookie contains nuts

What are the pros and cons of leadership influence

Explain the governance principles of regulatory compliance

Different employment tests that are available

Design a strategy for dealing with workers

Explain current trends in business communication- explain

Battle of the pharmacies

Creating job descriptions

Recommend whether jane should receive a best

Does this raise an ethical conflict among abc employees

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT