The Amount of Time Necessary for Assembly Line Workers to Complete

question 43

Short Answer

The amount of time necessary for assembly line workers to complete a product is a normal variable with a mean of 15 minutes and a standard deviation of 2 minutes.So,60% of the products would be assembled within and minutes (symmetrically distributed about the mean).

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Definitions:

Legally Required Insurance

Insurance policies that businesses are mandated to have by law to cover potential damages or liabilities.

Short-term Disability Plans

Insurance plans that provide employees with income for a brief period during which they are unable to work due to illness or injury.

Paramedical Expense Coverage

Insurance coverage that pays for medical services outside of traditional hospital care, such as physiotherapy, acupuncture, and massage therapy.

Indirect Compensation

Compensation that is not paid directly as cash to an employee but instead provides value in other forms such as insurance, stock options, or retirement plans.