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Author Question: With probability 0.20, the percentage of successes is less than what value? What will be an ideal ... (Read 148 times)

ec501234

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on: Jun 24, 2018
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


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dreamfighter72

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Reply #1 on: Jun 24, 2018
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

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Reply 2 on: Jun 24, 2018
Excellent

nathang24

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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