What is the probability of daily total turnover, Other Subject

+44 141 628 6080
[email protected]

What is the probability of daily total turnover

Question:

A supermarket employes 24 shop-assistants. 20 of them achieve an average daily turnover of $8000, whereas 4 achieve an average daily turnover of $ 10,000. The corresponding standard deviations are $2400 and $3000, respectively. The daily turnovers of all shop-assistants are independent and have a normal distribution. Let Z be the daily total turnover of all shop-assistants.

(1) Determine and . E(Z) Var(Z)

(2) What is the probability that the daily total turnover Z is greater than $ 190,000?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Other Subject: What is the probability of daily total turnover

Reference No:- TGS02019739

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

What strategies help monica get on track with weight loss

Which of the following strategies might help Monica get on track and stay on track with healthy weight loss? Question options:

Illustrate themes on improving medical education

The themes on improving medical education in both the Flexner Report and the state of medical education 100 years later are:

What term does the american academy of pediatrics use

Which term does the American Academy of Pediatrics (AAP) use for the collective issues that health-care providers see in many adolescent patients today

Which group women has highest rates of gestational diabetes

Diabetes during pregnancy has been increasing over the past two decades. In the U.S., up to 9 percent of pregnant women develop gestational diabetes.

How neuroleptic malignant syndrome treated effectively

Neuroleptic Malignant Syndrome (NMS) can be treated effectively by: administering antibiotics treating the problem with a topical skin medication

What is te likely cause of symptoms - stiff neck

Mrs. Smith is a runner and like to jog along the highway each morning for about an hour. Over the last month or so she has begun to feel tired

What is not an expected shift in industry perspective

Which of the following is not an expected shift in industry perspective and health care delivery practices with the move towards accountable care

Request for Solution File

Ask an Expert for Answer!!

Other Subject: What is the probability of daily total turnover

Reference No:- TGS02019739

Have a Question? (oR Write a Review)

Recent Questions Asked Other Subject

Q : Define the terminology commonly field of chemical dependency

Q : Calculating the frieghters loading capacity

Q : Debate on organizational development is inherently unethical

Q : What are the probabilities of exceeding the permissible load

Q : What is the probability of daily total turnover

Q : Guidelines for making ethical business decisions

Q : Discuss impact the future of american education

Q : What is the probability of finding next free taxi

Q : Who is primarily responsible for career development