What percentage of peaches in orchard is larger
The diameters of peaches in a certain orchard are normally distributed with a mean of 4.14 inches and a standard deviation of 0.61 inches. Show all work. What percentage of the peaches in this orchard is larger than 4.05 inches?
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Stanley Roper has $2,400 that he is looking to invest. His brother approached him with an investment opportunity that could give Patrick $4,700 in 4 years. What interest rate would the investment have to yield in order for Stanleys brother to deli
He has at least ten hours of each activity to do each week, but refuses to more than twenty hours of any one of these activities to keep himself from getting bored with any one activity. How should he schedule his time to optimize his revenue?
Chuck Brown will receive from his investment cash flows of $3,135, $3,450, and $3,810 at the end of years 1, 2 and 3 respectively. If he can earn 7.5 percent on any investment that he makes.
The distance between major cracks in a highway follows an exponential distribution with a mean of 5 miles.
The books of Seal Company, a calendar year taxpayer, had assets and related information (as detailed below) as of December 31, 2012. Seal's policy is to record depreciation on December 31 by way of a journal entry.
The CPU of a personal computer has a lifetime that is exponentially distributed with a mean lifetime of six years. You have owned this CPU for three years. What is the probability that the CPU fails in the next three years?
Your brother has asked you to help him with choosing an investment. He has $4,100 to invest today for a period of two years. You identify a bank CD that pays an interest rate of 0.0300 with the interest being paid quarterly.
Corn costs $0.10/lb, peanuts $0.05/lb, oats $0.15/lb, and the vitamin supplement $0.20/lb. Customers require the following criteria to be met: What is the best batch mix that optimizes total cost?
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