223k views
2 votes
A sales completion team, aiming to reduce the shipment time of urgent orders, studies the current process and finds that the current shipment time has a mean of 4 days with a standard deviation of 1.5 days. Industry expectations are for urgent shipments to be delivered between 1 and 5 days.

1 Answer

1 vote

Answer:


P(1<X<5)=P((1-\mu)/(\sigma)<(X-\mu)/(\sigma)<(5-\mu)/(\sigma))=P((1-4)/(1.5)<Z<(5-4)/(1.5))=P(-2<z<0.667)

And we can find this probability with thi difference:


P(-2<z<0.667)=P(z<0.667)-P(z<-2)

And in order to find these probabilities we can use tables for the normal standard distribution, excel or a calculator.


P(-2<z<0.667)=P(z<0.667)-P(z<-2)=0.748-0.023=0.725

So then we expect about 72.5% of the current shipment times between 1 and 5 days

Explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".

Solution to the problem

Let X the random variable that represent the current shipment time of a population, and for this case we know the distribution for X is given by:


X \sim N(4,1.5)

Where
\mu=4 and
\sigma=1.5

We are interested on this probability


P(1<X<5)

And the best way to solve this problem is using the normal standard distribution and the z score given by:


z=(x-\mu)/(\sigma)

If we apply this formula to our probability we got this:


P(1<X<5)=P((1-\mu)/(\sigma)<(X-\mu)/(\sigma)<(5-\mu)/(\sigma))=P((1-4)/(1.5)<Z<(5-4)/(1.5))=P(-2<z<0.667)

And we can find this probability with thi difference:


P(-2<z<0.667)=P(z<0.667)-P(z<-2)

And in order to find these probabilities we can use tables for the normal standard distribution, excel or a calculator.


P(-2<z<0.667)=P(z<0.667)-P(z<-2)=0.748-0.023=0.725

So then we expect about 72.5% of the current shipment times between 1 and 5 days

User Shawnay
by
8.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories