You are in charge of a fleet of 49 delivery vehicles. You know the mean number of days a vehicle can be driven before needing a maintenance inspection is 340 with a standard deviation of 20 days. Use this information to
answer the following questions.
1.
What is the probability the number of days a vehicle can be driven before needing an inspection will be less
than 336 days for a single vehicle?
a. 4192
b. .0793
C. .4207
d. .0808
e. none of these

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities. required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.