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 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.


Jun 02, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here