Lewis is a project team member taking part in team building exercises with the project manager and other team members. Lewis is
1 answer:
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Answer:
74.64%
Explanation:
Average sales (μ) = 50 hot dogs
Standard deviation (σ) = 7 hot dogs
In a normal distribution, the z-score for any given number of hot dogs sold, X, is determined by:
For X = 45 hot dogs:
For X = 65 hot dogs:
A z-score of -0.7143 falls in the 23.75th percentile of a normal distribution while a z-score of 2.1429 falls in the 98.39th percentile.
Therefore, the probability that he vendor will sell between 45 and 65 hot dogs is:
Answer:
178,750 average shares
Explanation:
The computation of the maximum permitted sale is shown below:
But before that we need to find out the total volume which is
= nov 14 trading volume + nov 7 trading volume + oct 31 trading volume + oct 24 trading volume
= 185,000 shares + 165,000 shares + 175,000 shares + 190,000 shares
= 715,000 shares
Now
maximum permitted sale is
= 715,000 shares ÷ 4
= 178,750 average shares
