SYM 506 Week 3 Assignment Help 2 | Grand Canyon University
- Grand Canyon University / SYM 506
- 16 Apr 2019
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SYM 506 Week 3 Assignment Help 2 | Grand Canyon University
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Chapt Chapter 6 and 7 Practice Problems |
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Complete the problems below from the textbook. You will need to use the "Baseball 2016 Data," "Lincolnville School District Bus Data," and the "Century National Bank Data" files for this assignment.
1. Chapter 6 – Problem 45
2. Chapter 6 – Problem 71
a. There are no home runs in a game.
b. There are two home runs in a game.
c. There are at least four home runs in a game.
3. Chapter 7 – Problem 53
| 53. Management at Gordon Electronics is considering adopting a bonus system to increase | ||||||||
| production. One suggestion is to pay a bonus on the highest 5% of production based on | ||||||||
| past experience. Past records indicate weekly production follows the normal distribution. | ||||||||
| The mean of this distribution is 4,000 units per week and the standard deviation is 60 units | ||||||||
| per week. If the bonus is paid on the upper 5% of production, the bonus will be paid on | ||||||||
| how many units or more? | ||||||||
4. Chapter 7 – Problem 55
| 55. Best Electronics Inc. offers a “no hassle” returns policy. The number of items returned per | ||||||||
| day follows the normal distribution. The mean number of customer returns is 10.3 per day | ||||||||
| and the standard deviation is 2.25 per day. | ||||||||
| a. In what percent of the days are there eight or fewer customers returning items? | ||||||||
| b. In what percent of the days are between 12 and 14 customers returning items? |
5. Chapter 7 – Problem 76
The population mean and standard deviation is,
The probability of having maintenance cost at a level greater in comparison to $6000 is identified by way of conversion of normal distribution to standard normal in comparison to probability which is likely to be obtained by way of usage of normal distribution table.
For 80 buses, the total buses with maintenance greater than 6000
From the provided bus data with sample size = 80, number of buses with maintenance cost greater than 6000.
| For the sample of 60 customers, mean and standard deviation are at the level of 1500 and 597 respectively. | |||||||
The probability of having maintenance cost at a level greater in comparison to $6000 is identified by way of conversion of normal distribution to standard normal in comparison to probability which is likely to be obtained by way of usage of normal distribution table.
For 80 buses, the total buses with maintenance greater than 6000
From the provided bus data with sample size = 80, number of buses with maintenance cost greater than 6000
6. Chapter 7 Case A – Century National Bank
For problems requiring computations,
please ensure that your Excel file includes the associated cell computations
and/or statistics output. This information is needed in order to receive full
credit on these problems.
USA 
India
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