**Place your order now for a similar assignment and have exceptional work written by our team of experts, At affordable rates**

**For This or a Similar Paper Click To Order Now**

Please refer to Practice problem set 3 solutions to get some guidance on this Homework and follow the structure for your solution process.

The set of problems below are Normal distribution problems.Please solve these problems using Minitab as the analysis tool and integrate your results from Minitab into your solution for each problem (You can use the “cut & paste” feature of Minitab. (Please place the results in-line with your answer to each question, not in an appendix). Make sure you structure your answers as per in-class and practice problems solutions.For each problem (and sub-problem) present the results in a short non-statistical report.(For all Normal distribution problems, it is better to draw a picture and mark all relevant information on the picture first.This will help solving the problem right)

Please do the analysis using Minitab and follow the following general structure for presenting your solution to each of the business problems:

State the business problem in plain English

State the equivalent statistical problem that addresses the stated business problem

Identify and list all the necessary variables needed to address the stated statistical problem

List all the data available to address the statistical problem

Present the Minitab results

State the statistical conclusions (drawn from the Minitab analysis)

State your business conclusions/recommendations in a short paragraph or memo in plain English

1. A certain component for the newly developed electronic diesel engine is considered to be defective if its diameter is less than 8 mm or greater than 10.5 mm.The distributions of the diameters of these parts is known to be normal with a mean of 9.0 mm and a standard deviation of 1.5 mm.If a component is randomly selected, what is the probability that it will be defective? (Source: Unknown – 366HM?)

2. A farmer believes that the yields of his tomato plants have a normal distribution with an average yield of 10 lbs. and a standard deviation of 2 lbs.The farmer would like to identify the plants which yield the highest 5% and save them for breeding purposes.Calculate the yield which separates the highest 5% of yields from the lowest 95% of yields. (Source: Unknown – 368HM?)

3. The number of hours before a battery must be replaced in Wellbuilt watches is normally distributed with a mean of 1,900 hours and a standard deviation of 145 hours.What proportion of watch batteries fail before 1,600 hours?Suppose that during the next six months, more than 50% fail before 1,600 hours.From a problem-sensing perspective, what might you conclude?Explain (Source: Unknown – 290BS?)

4. Canine Crunchies Inc. (CCI) sells large bags of dog food to warehouse clubs.CCI uses an automatic filling process to fill bags.The weights of the filed bags are approximately normally distributed with a mean of 50 kilograms and a standard deviation of 1.25 kilograms

a. What is the probability that a filled bag will weigh less than 49.5 kilograms

b. What is the probability that a randomly sampled filled bag will weigh between 48.5 and 51 kilograms

c. What is the minimum weight a bag of dog food could be and remain in the top 15% (by weight) of all the bags filled?

(Source: GSFS-Eighth edition)

5. An Internet retailer stocks a popular electronic toy

at a central warehouse that supplies the eastern United States. Every week the retailer makes a decision

about how many units of the toy to stock.

Suppose that the weekly demand for the toy is approximately normally

distributed with a mean of 2,500 units and a standard deviation of 300 units.

a. If the retailer wants to limit the probability of

being out of stock of the electronic toy to no more than 2.5% in a week, how

many units should the central warehouse stock?

b. If the retailer has 2,750 units on hand at the start

of the week, what is the probability that weekly demand will be greater than

inventory?

c. If the standard deviation of weekly demand for the toy

increases from 300 units to 500 units, how many more toys would have to be

stocked to ensure that the probability of weekly demand exceeding inventory is

no more than 2.5%?

(Source:

GSFS-Eighth edition)

Questions?

If something is not clear, ask for clarification by emailing me (I am available to help you learn).Do not answer the wrong question (and commit a type III error) and get penalized on the grade.

Hints:

Here are some common mistakes made on this HW & some suggestions to avoid them:

Problem

Suggestion

Not specifying your answer clearly (and require the instructor to fish for the answer)

Explicitly follow the seven parts (a through g) structure to answer each question. Also, follow the structure in in-class and practice problem set solutions for your answers.

Not addressing all the requirements

Read and follow all instructions.Create a checklist for your use to insure your report meets/addresses all requirements.

Not including a graph for each problem part

Include Minitab graphs

Not separately stating your answer

State the answer to each part in mathematical terms and with a business conclusion, Follow the in-class and practice sets as examples.

Stating the answer/probability for the wrong end of the curve

It is easy to mix up the ends of graphs and have an answer that is “1 minus the correct answer.” At the end when you state your answer, make sure it makes logical sense. For example, if the mean on the test is 85 and you are asked for the score of the top 5%, an answer could be 95 – an answer of 75 (the bottom 5%) would not make sense.

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.