With probability 0.20, the percentage of successes is less than ...

[ec501234]

With probability 0.20, the percentage of successes is less than what value?
 
  What will be an ideal response?

Question 2

________ has an approximate forecast of 250 units.
 
  A) 4th quarter in year 1
  B) 1st quarter in year 1
  C) 2nd quarter in year 4
  D) 3rd quarter in year 6

[dreamfighter72]

Answer to Question 1

P(P < a  n = 1800, P = 0.40 )  P(P < a   = 0.40,  = 0.01155 ) = 0.20
 PZ < (a - 0.40 ) / 0.01155 = 0.20
(a - 0.40 ) / 0.01155 = -0.84
 a = 0.39 or 39

Answer to Question 2

C

[ec501234]

Thanks for the timely response, appreciate it

[scikid]

Excellent