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4.148 BOEING 787 DREAMLINER. An assessment of the new Boeing 787 “Dreamliner" airplane was published in the Journal of Case Research in Business and Economics (December 2014). Boeing planned to build and deliver 3,500 of these aircraft within the first 20 years of the 787 program. The researchers used simulation to estimate the number of annual deliveries of 787 airplanes (expressed as a percentage of total Boeing aircraft deliveries during the year). In the fifth year of the program, deliveries were uniformly distributed over the range 2.5% to 5.5%. Assuming the simulated results are accurate, what is the probability that the number of Boeing 787s built and delivered in the fifth year of the program exceeds 4% of the total Boeing aircraft deliveries during the year?

4.148 BOEING 787 DREAMLINER. An assessment of the new Boeing 787 “Dreamliner" airplane was published in the Journal of Case Research in Business and Economics (December 2014). Boeing planned to build and deliver 3,500 of these aircraft within the first 20 years of the 787 program. The researchers used simulation to estimate the number of annual deliveries of 787 airplanes (expressed as a percentage of total Boeing aircraft deliveries during the year). In the fifth year of the program, deliveries were uniformly distributed over the range 2.5% to 5.5%. Assuming the simulated results are accurate, what is the probability that the number of Boeing 787s built and delivered in the fifth year of the program exceeds 4% of the total Boeing aircraft deliveries during the year?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 23PPS
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2 4.148 BOEING 787 DREAMLINER. An assessment of the new Boeing 787 "Dreamliner" airplane was published in the Journal of Case Research in Business and Economics (December 2014). Boeing planned to build and deliver 3,500 of these aircraft within the first 20 years of the 787 program. The researchers used simulation to estimate the number of annual deliveries of 787 airplanes (expressed as a percentage of total Boeing aircraft deliveries during the year). In the fifth year of the program, deliveries were uniformly distributed over the range 2.5% to 5.5%. Assuming the simulated results are accurate, what is the probability that the number of Boeing 787s built and delivered in the fifth year of the program exceeds 4% of the total Boeing aircraft deliveries during the year?
Transcribed Image Text:2 4.148 BOEING 787 DREAMLINER. An assessment of the new Boeing 787 "Dreamliner" airplane was published in the Journal of Case Research in Business and Economics (December 2014). Boeing planned to build and deliver 3,500 of these aircraft within the first 20 years of the 787 program. The researchers used simulation to estimate the number of annual deliveries of 787 airplanes (expressed as a percentage of total Boeing aircraft deliveries during the year). In the fifth year of the program, deliveries were uniformly distributed over the range 2.5% to 5.5%. Assuming the simulated results are accurate, what is the probability that the number of Boeing 787s built and delivered in the fifth year of the program exceeds 4% of the total Boeing aircraft deliveries during the year?
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