Explore BrainMass

Explore BrainMass

    Statistics - Standard Deviation

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    A paint manufacturer has a normal distribution of 100,000 gallons per day of production with a standard deviation of 10,000 gallons. Management wants to create an incentive bonus when production exceeds the 90th percentile of the distribution. At what level should management pay the incentive bonus?

    © BrainMass Inc. brainmass.com June 3, 2020, 9:39 pm ad1c9bdddf
    https://brainmass.com/statistics/normal-distribution/statistics-standard-deviation-normal-distribution-192860

    Solution Preview

    M = 100000, s = 10000

    Let the required production level have a normal score of z.

    We ...

    Solution Summary

    The expert examines standard deviation and normal distributions. Neat, step-by-step solution is provided.

    $2.19

    ADVERTISEMENT