Answer:
Variance is [tex]1.514\times 10^{7}[/tex]
Solution:
As per the question:
Average value of the steam, [tex]\mu [/tex] = 25000 pounds per hour,
To calculate the variance, [tex]\sigma ^{2}[/tex] of the steam:
[tex]\bar{Z} = \frac{x - \mu }{\sigma }[/tex]
where
[tex]\sigma [/tex] = standard deviation
[tex]\bar{Z}[/tex] at 0.8 is 1.285 from Z-table
Thus
[tex]\sigma = \frac{x - \mu }{\bar{Z}}[/tex]
[tex]\sigma = \frac{30000 - 25000}{1.285}[/tex]
[tex]\sigma = \frac{5000}{1.285} = 3891.051[/tex]
Variance, [tex]\sigma ^{2} = 3891.051^{2} = 1.514\times 10^{7}[/tex]