A manufacturer of galvanized chains advertises the load capacity of a 16-foot length of chain has an average of 2650 lbs. and a standard deviation of 520 lbs. If a retailer receives an order of 75 chains, what is the probability that the sample mean will be greater than 2775 lbs?
0.0188
You might also like to view...
In computing interest, it is customary to consider 360 days as a year
a. True b. False Indicate whether the statement is true or false
What is a business meeting?
What will be an ideal response?
Protected activity in a retaliation claim under Title VII includes:
a. peaceful protests opposing an employer's alleged discrimination b. testifying in court about another employee's discrimination claim c. knowingly filing a false discrimination charge against an employer d. all of the above e. none of the above
Dell Electronics is very interested in taking advantage of business opportunities in India but does not have access to India's market. Dell has the patent on a low-cost, quality computer system that could assist small businesses in India. Sony Computer, Dell's competitor, is experienced in India's small business market but does not have a computer comparable to Dell's. If Dell and Sony work together to utilize these strengths to seize this opportunity in India, what type of business structure would they likely use?
A. Trading company B. Strategic alliance C. Licensing D. Direct ownership E. Exporting