In: Statistics and Probability
Supplier on-time delivery performance is critical to enabling the buyer's organization to meet its customer service commitments. Therefore, monitoring supplier delivery times is critical. Based on a great deal of historical data, a manufacturer of personal computers finds for one of its just-in-time suppliers that the delivery times are well approximated by the normal distribution with mean 47.7 minutes and standard deviation 14.5 minutes. A random sample of 8 deliveries is selected.
Round all probabilities to four decimal places and times to two decimal places.
a) What is the probability that a particular delivery will arrive in less than one hour?
b) What is the probability that the mean time of 8 deliveries will exceed one hour?
c) Between what two times do the middle 60% of the average delivery times fall? and
d) What is the probability that, in a random sample of 8 deliveries, more than three will arrive in less than an hour?
a) P(X < 60)
= P((X - )/ < (60 - )/)
= P(Z < (60 - 47.7)/14.5)
= P(Z < 0.85)
= 0.8023
b) P( > 60)
= P(( - )/() > (60 - )/())
= P(Z > (60 - 47.7)/(14.5/))
= P(Z > 2.40)
= 1 - P(Z < 2.40)
= 1 - 0.9918
= 0.0082
c) P(X < x) = 0.2
or, P((X - )/ < (x - )/) = 0.2
or, P(Z < (x - 47.7)/14.5) = 0.2
or, (x - 47.7)/14.5 = -0.84
or, x = -0.84 * 14.5 + 47.7
or, x = 35.52
P(X > x) = 0.2
or, P((X - )/ > (x - )/) = 0.2
or, P(Z > (x - 47.7)/14.5) = 0.2
or, P(Z < (x - 47.7)/14.5) = 0.8
or, (x - 47.7)/14.5 = 0.84
or, x = 0.84 * 14.5 + 47.7
or, x = 59.88
d) n = 8
p = 0.8023
P(X > 3) = 1 - P(X < 3)
= 1 - (P(X = 0) + P(X = 1) + P(X = 2) + P(X = 3))
= 1 - (8C0 * (0.8023)^0 * (1 - 0.8023)^8 + 8C1 * (0.8023)^1 * (1 - 0.8023)^7 + 8C2 * (0.8023)^2 * (1 - 0.8023)^6 + 8C3 * (0.8023)^3 * (1 - 0.8023)^5)
= 1 - 0.0099
= 0.9901