Temporary Worker Productivity

question 11

Essay

Temporary Worker Productivity
A temporary worker productivity is normally distributed.One worker produces an average of 84 units per day with a standard deviation of 24.Another worker produces at an average rate of 74 per day with a standard deviation of 25.
-{Temporary Worker Productivity Narrative} What is the probability that during one week (5 working days),worker 1 will outproduce worker 2 on average?

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Definitions:

Annual

Relating to or denoting a period of one year.

Nominal Rate

The stated interest rate of a financial product, not adjusted for inflation, representing the face value of interest payments.

Real Rate

The interest rate adjusted for inflation, reflecting the true cost of borrowing or the true yield on an investment.

Inflation Rate

The tempo at which the widespread level of prices for goods and services heightens, detracting from the ability to spend.