QMS 102 Study Guide - Standard Deviation, Convenience Store

• School: Ryerson University
• Department: Quantitative Methods
• Course: QMS 102
• Professor: Changping Wang

Document Summary

Module 10 questions for nabil score: 89: the lifetime of a certain brand of tire is normally distributed with a mean of 100,000 km. and standard deviation of 11,000 km. Soln: 77409 eval: 0/1 feedback: idf. normal(0. 02, 100000, 11000: a firm"s marketing manager believes that total sales for next year can be represented by a normal distribution, with a mean of . 4 million and a standard deviation of ,000. Soln: 0. 2923 eval: 1/1: determine the sales level that has only a 7% chance of being exceeded. Soln: 2. 99 eval: 1/1: the owner of a convenience store has copies of the local newspaper delivered early each morning. The demand for papers is normally distributed with a mean of 72 and a standard deviation of 18. Soln: 93 eval: 0/1 feedback: roundup[idf. normal(1-. 13, 72, 18): an investment broker reports that the annual returns on common stock and municipal bonds are both normally distributed.