Calculate a and b such that the interval
Assume X is normally distributed with a mean of 12 and a variance of 16.
a) Calculate P(9 b) Find x1 such that P(X>x1) = 0.6 c) Consider an interval for X, (a
b) Find x1 such that P(X>x1) = 0.6
c) Consider an interval for X, (a
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A firm has a balance in its account receivable account and decides to sell the receivables to a factos without recourse. the factor imposes a 10% fee and agrees to pay $36,000.
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Find x1 such that P(X>x1) = 0.6. Consider an interval for X, (a<X<b). Calculate a and b such that the interval is shortest and P(a<X<b) = 0.3
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In July, 2010, Zinger Corp, purchased 20,000 gallons of Numerol for $ 61,000 to use in the production of product #43MR7. During July, Zinger Corp. manufactured 3,900 units of product #43MR7.
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