Question

A baker knows that the daily demand for mango pies is a random variable that follows the normal distribution with a mean of 45.4 pies and a standard deviation of 5.3 pies. Find the demand that has a 5% probability of being exceeded. Use a TI-83, TI-83 plus, or TI-84 calculator.

Round your answer to two decimal places.

Answer 1

Answer:54.117

Step-by-step explanation:

Mean=45.4

Standard deviation=5.3

=5%. =0.05

1-0.05=0.95

Normal Dist(40,10)

InverseCdf(0.95,45.4,5.3)

Answer 2

The demand that has a 5% probability of being exceeded is equal to 54.117.

We have given that,

A baker knows that the daily demand for mango pies is a random variable that follows the normal distribution with a mean of 45.4 pies and a standard deviation of 5.3 pies.

We have to determine the

demand that has a 5% probability of being exceeded. Use a TI-83, TI-83 plus, or TI-84 calculator.

What is the probability?

Probability means possibility. It is a branch of mathematics that deals with the occurrence of a random event. The value is expressed from zero to one.

Mean=45.4

Standard deviation=5.3

=5%. =0.05

1-0.05=0.95

Normal Dist(40,10)

InverseCdf(0.95,45.4,5.3)

To learn more about the random variable visit:

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