Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. ?a machine produces a component with a mean length

?A machine produces a component with a mean length of 300 cm and a standard...

50.1K

Verified Solution

Question

Accounting

?A machine produces a component with a mean length of 300 cm and a standard deviation of 25 cm.

(i) Find the probability that a randomly selected component is longer than 325 cm.

(ii) A random sample of 4 manufactured components is drawn and their length recorded. Describe the probability distribution of the mean length of the sample, and find the probability that the mean length of the sample is longer than 325 cm.

(iii) What assumption do you have to make in your calculations above?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Millennials are frequently criticized for job hopping, but some career experts believe that changing one's job...

General Management
Q

On July 1, 2016, Killearn Company acquired 142,000 of the outstanding shares of Shaun Company for...

Accounting
Q

2 A raindrop of mass 1 g falling from a height of 1 km hits...

Physics
Q

A construction crew is lengthening a road. Let y represent the total length of the...

Basic Math
Q

3 Costco sells paperback books in their retail stores and wants to examine the relationship...

Statistics
Q

With the substitution u sin x we get J which integrates to 12 sin x...

Calculus
Q

InitialinvestmentSalvagevalueInitialrevenueInitialexpensesTaxrateAccountsreceivable.as%ofsales10%Inventoriesas%ofexpensesDiscountrate6,000,machinelasts3years(1through3)2,000(receivedatt=4)15,000(att=1),growsby$1000everyyearfor2years,stopsatt=310,000,growsby$600everyyear(stopsat3)0.3510%0.10 Cash Flow from Capital Investments (the Investors) \begin{tabular}{|l|l|l|l|l|l|l|} & year & t=0 & t=1...

Accounting
Q

Staley Inc reported the following data Net Income Depreciation expense Loss on disposal of equipment...

Accounting
Q

You have been asked to prepare a December cash budget for Ashton Company, a distributor...

Accounting
Q

The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account...

Accounting
Q

Go to the YouTube and search for clips from the show How its Made on...

Accounting
Q

Which of the following statement regarding the application of overhead to a product using ABC...

Accounting