Question

QUESTION 2: Historically, 78.28% of packages delivered by UPS are on time. Suppose 136 deliveries are...

QUESTION 2: Historically, 78.28% of packages delivered by UPS are on time. Suppose 136 deliveries are randomly selected for quality control. What is the probability that less than 75.56% of the deliveries were on time?

QUESTION 3: You are working as a quality control manager for FedEx and are responsible for delivery time customer satisfaction. Historically, the worldwide average delivery time is 17.2 days with a standard deviation of 6.412 days. You select 57 random deliveries over the course of a few months. Given your historical parameters still hold true, what is the probability that the average time until delivery is between 16.26 and 16.74 days?

QUESTION 4: Fill in the blank. Suppose that NBA players average 24.03 points per game with a standard deviation of 8.673. A random sample of 31 players is taken. There is a 47% chance that the average points per game is greater than ________ points.

Homework Answers

Answer #1

2) = p = 0.7828

    = sqrt(p(1 - p)/n)

          = sqrt(0.7828 * (1 - 0.7828)/136)

          = 0.0354

P( < 0.7556)

= P(( - )/ < (0.7556 - )/)

= P(Z < (0.7556 - 0.7828)/0.0354)

= P(Z < -0.77)

= 0.2206

3) P(16.26 < < 16.74)

= P((16.26 - )/() < ( - )/() < (16.74 - )/())

= P((16.26 - 17.2)/(6.412/) < Z < (16.74 - 17.2)/(6.412/))

= P(-1.11 < Z < -0.54)

= P(Z < -0.54) - P(Z < -1.11)

= 0.2946 - 0.1335

= 0.1611

4) P( > x) = 0.47

or, P(( - )/() > (x - )/()) = 0.47

or, P(Z > (x - 24.03)/(8.673/)) = 0.47

or, P(Z < (x - 24.03)/(8.673/)) = 0.53

or, (x - 24.03)/(8.673/) = 0.08

or, x = 0.08 * (8.673/) + 24.03

or, x = 24.155

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
Pack-and-Go, a new competitor to FedEx and UPS, does intra-city package deliveries in seven major metropolitan...
Pack-and-Go, a new competitor to FedEx and UPS, does intra-city package deliveries in seven major metropolitan areas. The performance of Pack-and-Go is measured by management as: (1) delivery time (relative to budgeted delivery time), (2) on-time delivery rates (defined as agreed-upon delivery date/time plus or minus a specified cushion), and (3) percentage of lost or damaged deliveries. In response to competitive pressures, Pack-and-Go is evaluating an investment in new technology that would improve customer service and delivery quality, particularly in...
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...
Using the model proposed by Lafley and Charan, analyze how Apigee was able to drive innovation....
Using the model proposed by Lafley and Charan, analyze how Apigee was able to drive innovation. case:    W17400 APIGEE: PEOPLE MANAGEMENT PRACTICES AND THE CHALLENGE OF GROWTH Ranjeet Nambudiri, S. Ramnarayan, and Catherine Xavier wrote this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. This publication may not be...