LightCastle Partners, a Bangladeshi business management consultant employs a large number of data analysts to analyze the data in a survey project. The time it takes for new data analysts to learn the analysis procedure is known to have a normal distribution with a mean of 118 minutes and a standard deviation of 20 minutes. a. What is the probability that the new data analysts will take more than 82 minutes to learn the analysis procedure? b.What is the probability that the new data analysts will take between 63 to 169 minutes to learn the analysis procedure? c. To maintain employee standards, LightCastle does not hire any analyst who fails to learn the process within a specified time. Therefore, what should be the specified time limit if they wish to retain at most 87.39% of new analysts?
LightCastle Partners, a Bangladeshi business management consultant employs a large number of data analysts to analyze the data in a survey project. The time it takes for new data analysts to learn the analysis procedure is known to have a
a. What is the probability that the new data analysts will take more than 82 minutes to learn the analysis procedure?
b.What is the probability that the new data analysts will take between 63 to 169 minutes to learn the analysis procedure?
c. To maintain employee standards, LightCastle does not hire any analyst who fails to learn the process within a specified time. Therefore, what should be the specified time limit if they wish to retain at most 87.39% of new analysts?
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