Scribd Logo
Upload

Welcome to Scribd!

  • 25 views

    Chap 7 Exercises

    Uploaded by

    ann1172002
    This document contains 18 problems involving continuous random variables and normal distributions. The problems cover topics like finding probabilities, means, medians, and setting limits based on given distributions and their parameters.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Chap 7 Exercises

    Uploaded by

    ann1172002
    25 views2 pages
    This document contains 18 problems involving continuous random variables and normal distributions. The problems cover topics like finding probabilities, means, medians, and setting limits based on given distributions and their parameters.

    Original Title

    chap 7 exercises.docx

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document contains 18 problems involving continuous random variables and normal distributions. The problems cover topics like finding probabilities, means, medians, and setting limits based on given distributions and their parameters.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    25 views2 pages

    Chap 7 Exercises

    Uploaded by

    ann1172002
    This document contains 18 problems involving continuous random variables and normal distributions. The problems cover topics like finding probabilities, means, medians, and setting limits based on given distributions and their parameters.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    INTERNATIONAL UNIVERSITYSemester 1, Academic Year 2018-2019

    TUTORIAL MATERIAL
    Continuous Random Variables
    1. Electronic Device Parking Motorbike takes averagely 160 microseconds to respond to motorbike license
    plate; with the standard deviation is 30 microseconds. The Device is Normally Distributed. What is the
    probability that a device will respond within 100 to 180 microseconds?
    2. The time, in hours, that a copying machine may work without breaking down is a normally distributed
    random variable with mean 549 and standard deviation 68. Find the probability that the machine will work for
    at least 500 hours without breaking down?
    3. The yield, in tons of ore per day, at a given coal mine is approximately normally distributed with mean 785
    tons and standard deviation 60.
    a. Find the probability that at least 800 tons of ore will be mined on a given day.
    b. Find the proportion of working days in which anywhere from 750 to 850 tons is mined.
    c. Find the probability that on a given day, the yield will be below 665 tons.
    4. Scores on a management aptitude examination are believed to be normally distributed with mean 650 (out of a
    total of 800 possible points) and standard deviation 50.
    a. What is the probability that a randomly chosen manager will achieve a score above 700?
    b. What is the probability that the score will be below 750?
    5. The price of a share of Kraft stock is normally distributed with mean 33.30 and standard deviation 6.10
    a. What is the probability that on a randomly chosen day in the period for which our assumptions are made,
    the price of the stock will be more than $40 per share?
    b. Less than $30 per share?
    6. The power generated by a solar electric generator is normally distributed with mean 15.6 kilowatts and
    standard deviation of 4.1 kilowatts. We may be 95% sure that the generator will deliver at least how many
    kilowatts?
    7. Short-term rates fluctuate daily. It may be assumed that the yield for 90-day Treasury bills in early 2007 was
    approximately normally distributed with mean 4.92% and standard deviation 0.3%. Find a value such that
    95% of the time during that period the yield of 90-day T-bills was below this value.
    8. The number of people responding to a mailed information brochure on cruises of the Royal Viking Line
    through an agency in San Francisco is approximately normally distributed. The agency found that 10% of the
    time, over 1,000 people respond immediately after a mailing, and 60% of the time, at least 650 people respond
    right after the mailing. Find the mean and the standard deviation of the number of people who respond
    following a mailing.
    9. The caffeine content of a cup of home-brewed coffee is a normally distributed random variable with a mean
    of 115 mg with a standard deviation of 20 mg.
    a. What is the probability that a randomly chosen cup of home-brewed coffee will have more than 130 mg
    of caffeine?
    b. Less than 100 mg?
    c. A very strong cup of tea has a caffeine content of 91 mg. What is the probability that a cup of coffee will
    have less caffeine than a very strong cup of tea?
    10. The fracture strength of a certain type of manufactured glass is normally distributed with a mean of 579 MPa
    with a standard deviation of 14 MPa.
    a. What is the probability that a randomly chosen sample of glass will break at less than 579 MPa?

    STATISTICS FOR BUSSINESS – TA NGUYEN BAO MINH TRI 1


    INTERNATIONAL UNIVERSITYSemester 1, Academic Year 2018-2019

    b. More than 590 MPa?


    c. Less than 600 MPa?
    11. The length of a certain kind of Colorado brook trout is normally distributed with a mean of 12.5 inches and a
    standard deviation of 1.2 inches. What minimum size limit should the Department of Natural Resources set if
    it wishes to allow people to keep 80 percent of the trout they catch?
    12. Times for a surgical procedure are normally distributed. There are two methods. Method A has a mean of 28
    minutes and a standard deviation of 4 minutes, while method B has a mean of 32 minutes and a standard
    deviation of 2 minutes.
    a. Which procedure is preferred if the procedure must be completed within 28 minutes?
    b. Thirty-eight minutes?
    c. Thirty-six minutes?
    13. In Santa Theresa, false alarms are received at the downtown fire station at a mean rate of 0.3 per day.
    a. What is the probability that more than 7 days will pass before the next false alarm arrives?
    b. Less than 2 days?
    14. Between 11 p.m. and midnight on Thursday night, Mystery Pizza gets an average of 4.2 telephone orders per
    hour. Find the probability that:
    a. at least 30 minutes will elapse before the next telephone order
    b. less than 15 minutes will elapse
    c. between 15 and 30 minutes will elapse.
    15. At a certain Noodles & Company restaurant, customers arrive during the lunch hour at a rate of 2.8 per
    minute. What is the probability that:
    a. at least 30 seconds will pass before the next customer walks in
    b. no more than 15 seconds
    c. more than 1 minute
    16. The time it takes a ski patroller to respond to an accident call has an exponential distribution with an average
    equal to 5 minutes.
    a. In what time will 90 percent of all ski accident calls be responded to?
    b. If the ski patrol would like to be able to respond to 90 percent of the accident calls within 10 minutes,
    what does the average response time need to be?
    17. Between 11 p.m. and midnight on Thursday night, Mystery Pizza gets an average of 4.2 telephone orders per
    hour.
    a. Find the median waiting time until the next telephone order.
    b. Find the upper quartile of waiting time before the next telephone order.
    c. What is the upper 10 percent of waiting time until the next telephone order?
    18. The mean life of a certain computer hard disk in continual use is 8 years.
    a. How long a warranty should be offered if the vendor wants to ensure that not more than 10 percent of the
    hard disks will fail within the warranty period?
    b. Not more than 20 percent?

    STATISTICS FOR BUSSINESS – TA NGUYEN BAO MINH TRI 2

    You might also like