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availability of company-sponsored training as a factor to 6.62 A manu weigh in t

ID: 3334442 • Letter: A

Question

availability of company-sponsored training as a factor to 6.62 A manu weigh in taking a job? What is the expected number? What is the probability that between 42 and 47 (inclusive) consider the availability of company-sponsored training as a factor to weigh in taking a jobi? the Exce the rod manufa 6.57 According to the Air Transport Association of America, the average operating cost of an MD-80 jet airliner is $2,087 per hour. Suppose the operating costs of an MD-80 jet airliner are normally distributed with a standard deviation of $175 per hour. At what operating cost would only 20% of the operating costs be less? At what operating cost would 65% of the operating costs be more? What operating cost would be more than 85% of operating costs? No St 6.58 Supermarkets usually become busy at about 5 P.M. on weekdays, because many workers stop by on the way home to shop. Suppose at that time arrivals at a super-

Explanation / Answer

6.57)(i) for 20 percentile ; zscore =-0.8416

therefore lowest 20% ; or only 20% of the operating cost be less =mean+z*std deviation=$1939.72

(ii) or 65% highest cost; at 35th percentile ; z =-0.3853

corresponding cost ==mean+z*std deviation= $2019.57

(iii)for 85th pecentile ; z =1.0364

corresponding cost ==mean+z*std deviation=$2268.38