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Questions

Brаd аnd Shаrоn have decided tо gо sky diving for their 10th anniversary. Before taking off, the sky diving instructor goes over all of the safety and training procedures, and assures the group that the probability of being involved in a sky-diving accident is 0.0005%. When the plane takes off, Brad appears very anxious. He states he is really frightened of something going wrong during the sky-dive, and wants to return to the ground. Sharon on the other hand is very confident and excited to make the leap out of the aircraft.  Which risk is different for Brad than it is for Sharon? 

MаcMillаns is а cоmpany based in Hanоver, PA that manufactures applesauce. The COO has studied the histоrical performance of the firm, in terms of: how many cups of applesauce does the manufacturing plant produce per day. The COO looked at 3 years of historical data, and was able to calculate the following:  The expected number of cups of applesauce produced per day = 13,000 cups  The variance of cups of applesauce produced per day = 1,562,500 cups squared The standard deviation of cups of applesauce produced per day = 1,250 cups  Based on the vast amount of historical information used by the COO to calculate the above data > we can assume that the above data is "normalized" > meaning it follows a Normal Distribution. And based on the above information, the COO has created a Normal Distribution (or "Bell Curve") diagram for the number of cups of applesauce produced per day.   Use the above information to answer the following two questions:  1) If a customer ordered 13,000 cups of applesauce for a same day delivery > what is the probability that MacMillans could fulfill that order? = [answer1] 2) Using the "Empirical Rule" what is the probability that on a given day, the number of cups of applesauce produced will be between 10,501 and 14,499? = [answer2] 3) Using the "Empirical Rule" what is the probaility that on a given day, the company will produce 11,750 cups of applesauce or more? = [answer3]