Question
In: Statistics and Probability
A grocery store separates its shrimp into 3 categories: baby, medium, and jumbo. Use the information...
A grocery store separates its shrimp into 3 categories: baby, medium, and jumbo. Use the information provided below to determine the weights of shrimp receiving each size designation.
Shrimp weights are normally distributed with:
a mean of 18.8 grams
a standard deviation of 5.8 grams
The smallest 20% of shrimp will be designated as baby.
The largest 25% of shrimp will be designated as jumbo.
Shrimp weighing less than _ grams will be designated as baby.
Shrimp weighing more than _ grams will be designated as jumbo.
Round to nearest tenth of a gram.
Solutions
orchestra answered 2 years agoRelated Solutions
A grocery store separates its shrimp into 3 categories: baby, medium, and jumbo. Use the information...
A grocery store separates its shrimp into 3
categories: baby, medium, and jumbo. Use the information provided
below to determine the weights of the shrimp receiving each size
designation.
Shrimp weights are normally distributed with:
mean=18.8 grams
standard deviation= 5.3 grams
The smallest 20% of shrimp will be designated as baby.
The largest 25% of shrimp will be designated as jumbo. Everything
else will be designated as medium.
Shrimp weighing less than _ grams will be designated
as baby.
Shrimp...
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Dave went to 3 different grocery stores and bought the same
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store. The prices for each type of seafood in each grocery store is
as follows:
(a) Food Lion: $2.5/kg of Salmon, $6/kg of Shrimp and $3/kg of
Tilapia, all for $26.
(b) Whole Foods: $1/kg of Salmon, $3/kg of Shrimp and $2/kg of
Tilapia, all for $13.
(c) Bi-Lo: $2/kg of Salmon, $4/kg of Shrimp and $3/kg...
1) A grocery store carries the following items. There are two main categories of food –...
1) A grocery store carries the following items. There are two
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Conventional 82 48 276 204 610 Organic 93 77 24 11 205 Total 175
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0.66,
Medium is between 0.66 and less than 0.80,
and
High is at least 0.80.
Assume that the Student-to-Faculty ratio is also
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Category 1: Up to 10 student-to-faculty
ratio,
Category 2: between 11 and 18 student-to-faculty
ratio
Category 3: greater than 18 student-to-faculty
ratio
The following contingency...
Almaden Hardware Store sells two product categories, tools and paint products. Information pertaining to its 2018...
Almaden Hardware Store sells two product categories, tools and
paint products. Information pertaining to its 2018 year-end
inventory is as follows: Inventory, by Product Category Quantity
Per Unit Cost Net Realizable Value Tools: Hammers 110 $ 4.70 $ 5.20
Saws 170 9.70 8.70 Screwdrivers 270 1.70 2.30 Paint products:
1-gallon cans 470 5.70 4.70 Paint brushes 110 3.70 4.20
Required: 1. Determine the carrying value of inventory at
year-end, assuming the lower of cost or net realizable value
(LCNRV) rule...
Almaden Hardware Store sells two product categories, tools and paint products. Information pertaining to its 2018...
Almaden Hardware Store sells two product categories, tools and
paint products. Information pertaining to its 2018 year-end
inventory is as follows: Inventory, by Product Category Quantity
Per Unit Cost Net Realizable Value Tools: Hammers 110 $ 4.70 $ 5.20
Saws 170 9.70 8.70 Screwdrivers 270 1.70 2.30 Paint products:
1-gallon cans 470 5.70 4.70 Paint brushes 110 3.70 4.20
Required: 1. Determine the carrying value of inventory at
year-end, assuming the lower of cost or net realizable value
(LCNRV) rule...
Almaden Hardware Store sells two product categories, tools and paint products. Information pertaining to its 2018...
Almaden Hardware Store sells two product categories, tools and
paint products. Information pertaining to its 2018 year-end
inventory is as follows: Inventory, by Product Category Quantity
Per Unit Cost Net Realizable Value Tools: Hammers 110 $ 5.70 $ 6.20
Saws 270 10.70 9.70 Screwdrivers 370 2.70 3.30 Paint products:
1-gallon cans 570 6.70 5.70 Paint brushes 110 4.70 5.20 Required:
1. Determine the carrying value of inventory at year-end, assuming
the lower of cost or net realizable value (LCNRV) rule...
Almaden Hardware Store sells two product categories, tools and paint products. Information pertaining to its 2021...
Almaden Hardware Store sells two product categories, tools and
paint products. Information pertaining to its 2021 year-end
inventory is as follows:
Inventory,
by Product Category
Quantity
Per Unit
Cost
Net Realizable Value
Tools:
Hammers
110
$
4.70
$
5.20
Saws
170
9.70
8.70
Screwdrivers
270
1.70
2.30
Paint products:
1-gallon cans
470
5.70
4.70
Paint brushes
110
3.70
4.20
Required:
1. Determine the carrying value of inventory at
year-end, assuming the lower of cost or net realizable value
(LCNRV) rule...
Almaden Hardware Store sells two product categories, tools and paint products. Information pertaining to its 2018...
Almaden Hardware Store sells two product categories, tools and
paint products. Information pertaining to its 2018 year-end
inventory is as follows:
Inventory,
by Product Category
Quantity
Per Unit
Cost
Net Realizable Value
Tools:
Hammers
110
$
5.70
$
6.20
Saws
270
10.70
9.70
Screwdrivers
370
2.70
3.30
Paint products:
1-gallon cans
570
6.70
5.70
Paint brushes
110
4.70
5.20
Required:
1. Determine the carrying value of inventory at
year-end, assuming the lower of cost or net realizable value
(LCNRV) rule...
Almaden Hardware Store sells two product categories, tools and paint products. Information pertaining to its 2018...
Almaden Hardware Store sells two product categories, tools and
paint products. Information pertaining to its 2018 year-end
inventory is as follows:
Inventory,
by Product Category
Quantity
Per Unit
Cost
Net Realizable Value
Tools:
Hammers
110
$
5.70
$
6.20
Saws
270
10.70
9.70
Screwdrivers
370
2.70
3.30
Paint products:
1-gallon cans
570
6.70
5.70
Paint brushes
110
4.70
5.20
Required:
1. Determine the carrying value of inventory at
year-end, assuming the lower of cost or net realizable value
(LCNRV) rule...
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