Question

The accounting department at Weston Materials Inc., a national manufacturer of unattached garages, reports that it...

The accounting department at Weston Materials Inc., a national manufacturer of unattached garages, reports that it takes two construction workers a mean of 32 hours and a standard deviation of 2 hours to build the Red Barn model. Assume the assembly times follow the normal distribution.

a. Determine the z-values for 29 and 34 hours.

b. What percentage of the garages take between 32 hours and 34 hours to build?

c. What percentage of the garages take 28.7 hours or less to build?

d. What percentage of the garages take 35.5 hours or more to build?

I want the answer to be solved in excel

Homework Answers

Answer #1

a)

z-score = (X - mean) / SD

For X = 29 ,

z = ( 29 - 32) / 2

= -1.5

For X = 34

z = (34 -32) / 2

= 1

b)

P(32 <X < 34) = P(X < 34) - P(X < 32)

= NORM.DIST(x , mean, SD , cumulative)

= NORM.DIST( 34 , 32 , 2 , TRUE) - NORM.DIST( 32 , 32 , 2 , TRUE)

= 0.8413 - 0.5

= 0.3413

= 34.13%

C)

P(X < 28.7) = NORM.DIST( 28.7 , 32 , 2 , TRUE)

= 0.0495

= 4.95%

d)

P(X > 35.5) = 1 - P(X < 35.5)

= 1 - NORM.DIST( 35.5 , 32 , 2 , TRUE)

= 1 - 0.9599

= 0.0401

= 4.01 %

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The accounting department at Weston Materials Inc., a national manufacturer of unattached garages, reports that it...
The accounting department at Weston Materials Inc., a national manufacturer of unattached garages, reports that it takes two construction workers a mean of 44 hours and a standard deviation of 5 hours to erect the Red Barn model. Assume the assembly times follow the normal distribution. Refer to the table in Appendix B.1. a-1. Determine the z-values for 38 and 47 hours. (Negative answers should be indicated by a minus sign. Round the final answers to 1 decimal place.) 38...
Cascade Seating Inc. is a large manufacturer of automobile seat covers. Jan Davis, the controller just...
Cascade Seating Inc. is a large manufacturer of automobile seat covers. Jan Davis, the controller just received a disturbing call from the plant manager, Dave Garcia. General Motors had just downgraded Cascade from preferred supplier to backup supplier. GM cited the inconsistent fit of the seat covers as the reason, and suggested to Dave that he read an article “How Velcro Got Hooked on Quality.”9 GM had downgraded Velcro a few years back in a similar fashion, but Velcro had...
MATHEMATICS 1. The measure of location which is the most likely to be influenced by extreme...
MATHEMATICS 1. The measure of location which is the most likely to be influenced by extreme values in the data set is the a. range b. median c. mode d. mean 2. If two events are independent, then a. they must be mutually exclusive b. the sum of their probabilities must be equal to one c. their intersection must be zero d. None of these alternatives is correct. any value between 0 to 1 3. Two events, A and B,...
QUESTION 1 1. Brianna is trying to increase her chances of being promoted to vice president...
QUESTION 1 1. Brianna is trying to increase her chances of being promoted to vice president by working to build good work relationships with other managers outside her own department. Brianna's behavior should be viewed as dysfunctional politics. functional politics. coercive power. functional influence. 2 points QUESTION 2 1. The Gingerbread Factory has a separate unit that makes their chocolate crunch cookies and another unit that is completely responsible for all operations in producing their ginger snap cookies. The Gingerbread...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From the April 2004 Issue Save Share 8.95 In 1991, Progressive Insurance, an automobile insurer based in Mayfield Village, Ohio, had approximately $1.3 billion in sales. By 2002, that figure had grown to $9.5 billion. What fashionable strategies did Progressive employ to achieve sevenfold growth in just over a decade? Was it positioned in a high-growth industry? Hardly. Auto insurance is a mature, 100-year-old industry...
Mattel Responds to Ethical Challenges Business Ethics This case was written by Debbie Thorne, John Fraedrich,...
Mattel Responds to Ethical Challenges Business Ethics This case was written by Debbie Thorne, John Fraedrich, O. C. Ferrell, and Jennifer Jackson, with the editorial assistance of Jennifer Sawayda. This case was developed for classroom discussion rather than to illustrate either effective or ineffective handling of an administrative, ethical, or legal discussion by management. All sources used for this case were obtained through publicly available material. Mattel, Inc. is a world leader in the design, manufacture, and marketing of family...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...