Put a lid on it! Refer to Exercise . The supplier is considering two changes to reduce the percent of its large-cup lids that are too small to less than . One strategy is to adjust the mean diameter of its lids. Another option is to alter the production process, thereby decreasing the standard deviation of the lid diameters.
(a) If the standard deviation remains at inches, at what value should the supplier set the mean diameter of its large-cup lids to ensure that less than are too small to fit? Show your method.
(b) If the mean diameter stays at inches, what value of the standard deviation will result in less than of lids that are too small to fit? Show your method.
(c) Which of the two options in (a) and (b) do you think is preferable? Justify your answer. (Be sure to consider the effect of these changes on the percent of lids that are too large to fit.)