The number of auto parts that a company produces follows a normal distribution. The company has two independent production lines: Line 1 produces an average of 75 parts per day with a standard deviation of 20. Line 2 produces an average of 65 parts per day with a standard deviation of 21. Line 1 and Line 2 are independent. The probability that Line 1 produces more parts than Line 2 in any single day is closest to O 0.5 0.3413 O 0.6331 O 0.1587 0.7794

The number of auto parts that a company produces follows a normal distribution. The company has two independent production lines: Line 1 produces an average of 75 parts per day with a standard deviation of 20. Line 2 produces an average of 65 parts per day with a standard deviation of 21. Line 1 and Line 2 are independent. The probability that Line 1 produces more parts than Line 2 in any single day is closest to O 0.5 0.3413 O 0.6331 O 0.1587 0.7794

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter17: Making Decisions With Uncertainty

Section: Chapter Questions

Problem 7MC

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