Bundle: Essentials Of Statistics For Business And Economics, Loose-leaf Version, 8th + Lms Integrated For Mindtap Business Statistics, 1 Term (6 Months) Printed Access Card
8th Edition
ISBN: 9781337589161
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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Chapter 6, Problem 43SE
The port of South Louisiana, located along 54 miles of the Mississippi River between New Orleans and Baton Rouge, is the largest bulk cargo port in the world. The U.S. Army Corps of Engineers reports that the port handles a mean of 4.5 million tons of cargo per week (USA today, September 25, 2012). Assume that the number of tons of cargo handled per week is
- a. What is the
probability that the port handles less than 5 million tons of cargo per week? - b. what is the probability that the port handles 3 or more million tons of cargo per week?
- c. What is the probability that the port handles between 3 million and 4 million tons of cargo per week?
- d. Assume that 85% of the time the port can handle the weekly cargo volume without extending operating hours. What is the number of tons of cargo per week that will require the port to extend its operating hours?
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Chapter 6 Solutions
Bundle: Essentials Of Statistics For Business And Economics, Loose-leaf Version, 8th + Lms Integrated For Mindtap Business Statistics, 1 Term (6 Months) Printed Access Card
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