The annual assets for First Michigan corporation is approximately normally distributed with standard deviation 58 million....
The annual assets for First Michigan corporation is approximately normally distributed with standard deviation 44 million. The mean is not known. However it is known that 58% of the assets is over 210.1 million. Find the mean assets value in millions. Answer to 2 decimal places.
The annual assets for First Michigan corporation is approximately normally distributed with standard deviation 20 million. The mean is not known. However it is known that 57% of the assets is over 217.5 million. Find the mean assets value in millions. Answer to 2 decimal places.
Weakly earnings on a certain import venture are approximately normally distributed with a known mean of $386 and unknown standard deviation. If the proportion of earnings over $419 is 25%, find the standard deviation. Answer only up to two digits after decimal.
Weakly earnings on a certain import venture are approximately normally distributed with a known mean of $410 and unknown standard deviation. If the proportion of earnings over $430 is 31%, find the standard deviation. Answer only up to two digits after decimal.
The scores on a psychology exam were normally distributed with a mean of 58 and a standard deviation of 6. A failing grade on the exam was anything 2 or more standard deviation below the mean. What was the cutoff for a failing score? Approximately what percentage of the students failed? The cutoff for a failing score was ____ Simplify answer) Approximately ___ percent of the students failed ( Round to one decimal place as needed)
Lifetimes of AAA batteries are approximately normally distributed. A manufacturer wants to estimate the standard deviation of the lifetime of the AAA batteries it produces. A random sample of 17 AAA batteries produced by this manufacturer lasted a mean of 11 hours with a standard deviation of 2.5 hours. Find a 95% confidence interval for the population standard deviation of the lifetimes of AAA batteries produced by the manufacturer. Then complete the table below.Carry your intermediate computations to at least...
The life in hours of a battery is known to be approximately normally distributed, with standard deviation o = 1.25 hours. A random sample of 10 batteries has a mean life of x = 40.5 hours. (a) Is there evidence to support the claim that battery life exceeds 40 hours? Use a = 0.010. The battery life significantly different greater than 40 hours at a = 0.010. (b) What is the P-value for the test in part (a)? P-value =...
Let X be normally distributed with mean μ = 13 and standard deviation σ = 4. a. Find P(X ≤ 2). (Round "z" value to 2 decimal places and final answer to 4 decimal places.) b. Find P(X > 4). (Round "z" value to 2 decimal places and final answer to 4 decimal places.) c. Find P(7 ≤ X ≤ 12). (Round "z" value to 2 decimal places and final answer to 4 decimal places.) d. Find P(10 ≤ X...
The time spent waiting in the line is approximately normally distributed. The mean waiting time is 6 minutes and the standard deviation of the waiting time is 2 minutes. Find the probability that a person will wait for more than 8 minutes. Round your answer the four decimal places.
The time spent waiting in the line is approximately normally distributed. The mean waiting time is 5 minutes and the standard deviation of the waiting time is 2 minutes. Find the probability that a person will wait for more than 1 minute. Round your answer to four decimal places.