To Determine the Probability of Getting More Than 3 Successes

question 181

True/False

To determine the probability of getting more than 3 successes in a binomial distribution,you will find the area under the normal curve for X = 3.5 and above.

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Definitions:

JIT Requirements

Specifications for Just-In-Time manufacturing, a strategy aimed at reducing in-process inventory and associated carrying costs by producing goods only as needed.

Job Classifications

The categorization of jobs based on their duties, responsibilities, and level within an organization.

JIT

Just-In-Time is a management strategy that aligns raw-material orders from suppliers directly with production schedules to reduce inventory costs.

Servicescape

The physical environment of a service delivery, influencing customer perceptions and behaviors within a service setting.