Answered: The time it takes an employee to…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The time it takes an employee to package the components of a certain product is normally distributed with μ = 7.5 and σ = 2.5 minutes. As an incentive, management has decided to give a bonus to the 20% of employees who took the shortest amount of time to package the components. Find the amount of time taken to package the components that will indicate that an employee should get a bonus. (Round your answer to two decimal places.)

An employee must package components in a time ---Select--- more than less than minutes.

Features Features Normal distribution is characterized by two parameters, mean (µ) and standard deviation (σ). When graphed, the mean represents the center of the bell curve and the graph is perfectly symmetric about the center. The mean, median, and mode are all equal for a normal distribution. The standard deviation measures the data's spread from the center. The higher the standard deviation, the more the data is spread out and the flatter the bell curve looks. Variance is another commonly used measure of the spread of the distribution and is equal to the square of the standard deviation.

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