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    Z-score Solution for Statistics Students

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    Management is considering adopting a bonus system to increase production. One suggestion is to pay a bonus on the highest 5 percent of production based on past experience. Past records indicate that, on the average, 4,000 units of a small assembly are produced during a week. The distribution of the weekly production is approximately normally distributed with a standard deviation of 60 units. If the bonus is paid on the upper 5 percent of production, the bonus will be paid on how many units or more?

    Choose one answer below:
    A) 6255
    B) 5120
    C) 3196
    D) 4099

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    https://brainmass.com/statistics/z-test/z-score-solution-for-statistics-students-469373

    Solution Preview

    Hi there,

    To answer this question, you need to consider the z score formula. The upper 5 percent of production is the same ...

    Solution Summary

    A complete worked through solution, including calculations, for a specific statistics problem.

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