Suppose that the quarterly sales levels among health care information systems companies are approximately normally distributed with a mean of 8 million dollars and a standard deviation of 1.3 million dollars. One health care Information systems company considers a quarter a "failure" if its sales level that quarter is in the bottom 10% of all quarterly sales levels. Determine the sales level (in millions of dollars) that is the cutoff between quarters that are considered "failures" by that company and quarters that are not. Carry your intermediate computations to at least four decimal places. Round your answer to one decimal place. 8 B 0 million dollars X 5 ? Check acer B
Suppose that the quarterly sales levels among health care information systems companies are approximately normally distributed with a mean of 8 million dollars and a standard deviation of 1.3 million dollars. One health care Information systems company considers a quarter a "failure" if its sales level that quarter is in the bottom 10% of all quarterly sales levels. Determine the sales level (in millions of dollars) that is the cutoff between quarters that are considered "failures" by that company and quarters that are not. Carry your intermediate computations to at least four decimal places. Round your answer to one decimal place. 8 B 0 million dollars X 5 ? Check acer B
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 23PPS
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