A Random Variable X Is Normally Distributed With $\mu$ = 100 And

question 21

Essay

A random variable x is normally distributed with $\mu$ = 100 and $\sigma$ = 20.
a. What is the median of this distribution?
b. Find P(x median).
c. Find P(x 75).

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Definitions:

Supplier Reliability

The consistency and dependability of a supplier in providing products or services that meet agreed specifications and delivery schedules.

Order Placed

The action taken by a buyer to request goods or services from a supplier.

Aggregate Planning

A process in procurement and production planning aimed at determining necessary capacity and resources to meet anticipated demand.

Transforms Forecasts

Involves using mathematical transformations on historical data to make future predictions.