The number of walnuts in a mass produced bag is

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5. The number of walnuts in a mass-produced bag is modeled by a normal distribution with a mean of 44 and a standard deviation of 5. Find the number of walnuts in a bag that has more walnuts than 80% of the other bags. Use Excel, and round your answer to the nearest integer. 48 Here, the mean, μ, is 44 and the standard deviation, σ, is 5. Let x be the number of walnuts in the bag. The area to the left of x is 80%=0.80. Use Excel to find x.
6. A firm’s marketing manager believes that total sales for next year will follow the normal distribution, with a mean of \$3.2 million and a standard deviation of \$250,000. Determine the sales level that has only a 3% chance of being exceeded next year.
7. Suppose that the weight of navel oranges is normally distributed with a mean of μ=6 ounces and a standard deviation of σ=0.8 ounces. Find the weight below that one can find the lightest 90% of all navel oranges. Use Excel, and round your answer to two decimal places. 7.03 Here, the mean, μ, is 6 and the standard deviation, σ, is 0.8. The area to the left of x is 90%=0.90. Use Excel to find x.
8. A tire company finds the lifespan for one brand of its tires is normally distributed with a mean of 47,500 miles and a standard deviation of 3,000 miles. What mileage would correspond to the the highest 3% of the tires?
Use Excel, and round your answer to the nearest integer. 53,142 Here, the mean, μ, is 47,500 and the standard deviation, σ, is 3,000. Let x be the minimum number of miles for a tire to be in the top 3%. The area to the right of x is 3%=0.03. So, the area to the left of x is 1−0.03=0.97. Use Excel to find x. 1. Open Excel. Click on an empty cell. Type =NORM.INV(0.97,47500,3000) and press ENTER. The answer, rounded to the nearest integer, is x≈53,142. Thus, the approximate number of miles for the highest 3% of the tires is 53,142 miles. 1. The average credit card debt owed by Americans is \$6375, with a standard deviation of \$1200. Suppose a random sample of 36 Americans is selected. Identify each of the following: 1. 6375
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