Details of this Paper

I need help with these 3 problems??Please 1. Yo...

Description

Solution

Question

I need help with these 3 problems??Please 1. Your firm has 3 different manufacturing lines that each produce the same type of widget. There is a 85 percent chance that each line is functional on any given day. Assuming a Bernoulli process what is the probability of all three manufacturing lines working on any given day? 2. The weekly incomes of shift foreman for a given industry follow a normal probability distribution. With a mean of \$1,000 and a standard deviation of \$100, what is the z-value for the income (called X) of a foreman who earns \$1100 per week? For a foreman who earns \$900 per week? In words, what do your results indicate? 3. The weekly incomes of shift foreman for a given industry follow a normal probability distribution. With a mean of \$1,000 and a standard deviation of \$100, what is the area under the curve between \$840 and \$1200? In words, what do your results indicate?

Paper#13585 | Written in 18-Jul-2015

Price : \$25