Managerial paper

Managerial paper 150 150 Affordable Capstone Projects Written from Scratch

Show Your Work 2
Write careful, well-organized, neat, complete solutions for the problems below and submit them according to the
Directions for Submitting Written Assignments housed in the Orientation to Online Statistics module. Please
don’t squish your analysis on a copy of this document.

Your analysis for each problem will be graded on correctness and your ability to communicate your solution.
Submit your complete, clearly-communicated solution for the following problems.
Clearly define every variable you create (include units of measurement, if they exist, with each definition).
NOTE: it’s not necessary for you to define statistical symbols such as y , μ, r, s, p, σ, etc.
For values obtained by using technology (e.g. StatCrunch, a TI-84 calculator, Excel, an app, etc.) requiring a
statistical function, specify the name of the technology and the function used. Report each of the values requested
in this assessment with at least four digits after the decimal point. [A trial-and-error, guess-and-check approach
will not receive credit.]
1. The owner of a fast food restaurant keeps records of the daily hamburger demand, which
is Normally Distributed with a mean of 260 pounds and a standard deviation of 20 pounds.
(a) What percent of days will the owner need more than 320 pounds of hamburger?
(b) The owner does not want to run out of meat more than 1% of days. How many pounds
should she order every day?
2. The mean weight of hens is 1230 grams. The distribution of hens’ weights is well-modeled by the Normal Distribution.
Determine the standard deviation of this distribution if 85% of all hens’ weights fall between 1107
grams and 1353 grams. Report your answer with four digits after the decimal point.
1107 grams 1230 grams 1353 grams hens’ weights
(grams)


 

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