Author Question: With probability 0.20, the percentage of successes is less than what value? What will be an ideal ... (Read 144 times)

ec501234 · **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

dreamfighter72 · **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