Exam 6: The Normal Distribution
Exam 1: Defining and Collecting Data205 Questions
Exam 2: Organizing and Visualizing Variables212 Questions
Exam 3: Numerical Descriptive Measures163 Questions
Exam 4: Basic Probability171 Questions
Exam 5: Discrete Probability Distributions117 Questions
Exam 6: The Normal Distribution144 Questions
Exam 7: Sampling Distributions127 Questions
Exam 8: Confidence Interval Estimation187 Questions
Exam 9: Fundamentals of Hypothesis Testing: One-Sample Tests177 Questions
Exam 10: Two-Sample Tests300 Questions
Exam 11: Chi-Square Tests128 Questions
Exam 12: Simple Linear Regression204 Questions
Exam 13: Multiple Regression307 Questions
Exam 14: Business Analytics254 Questions
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The owner of a fish market determined that the mean weight for a catfish is 3.2 pounds with a standard deviation of 0.8 pound.Assuming the weights of catfish are normally distributed, the probability that a randomly selected catfish will weigh more than 4.4 pounds is ?
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Correct Answer:
0.0668
The amount of tea leaves in a can from a production line is normally distributed with grams and grams.What is the probability that a randomly selected can will containbetween 82 and 100 grams of tea leaves?
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Correct Answer:
0.2132
SCENARIO 6-4
According to Investment Digest, the arithmetic mean of the annual return for common stocks over an
85-year period was 9.5% but the value of the variance was not mentioned.Also 25% of the annual returns were below 8% while 65% of the annual returns were between 8% and 11.5%.The article claimed that the distribution of annual return for common stocks was bell-shaped and approximately symmetric.Assume that this distribution is normal with the mean given above.Answer the following questions without the help of a calculator, statistical software or statistical table.
-Referring to Scenario 6-4, 75% of the annual returns will be lower than what value?
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Correct Answer:
11%
SCENARIO 6-3
A company producing orange juice buys all its oranges from a large orange orchard.The amount of juice that can be squeezed from each of these oranges is approximately normally distributed with a mean of 4.7 ounces and some unknown standard deviation.The company's production manager knows that the probability is 30.85% that a randomly selected orange will contain less than 4.5 ounces of juice.Also, the probability is 10.56% that a randomly selected orange will contain more than 5.2 ounces of juice.Answer the following questions without the help of a calculator, statistical software or statistical table.
-Referring to Scenario 6-3, what is the probability that a randomly selected orange will contain between 4.2 and 4.9 ounces of juices?
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If a data set is approximately normally distributed, its normal probability plot would be S-shaped.
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Theoretically, the mean, median, and the mode are all equal for a normal distribution.
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The amount of tea leaves in a can from a production line is normally distributed with grams and grams.What is the probability that a randomly selected can will contain lessthan 100 grams of tea leaves?
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The owner of a fish market determined that the mean weight for a catfish is 3.2 pounds with a standard deviation of 0.8 pound.Assuming the weights of catfish are normally distributed, the probability that a randomly selected catfish will weigh less than 2.2 pounds is ?
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The amount of time necessary for assembly line workers to complete a product is a normal variable with a mean of 15 minutes and a standard deviation of 2 minutes.The probability isthat a product is assembled in between 16 and 21 minutes.
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SCENARIO 6-2
John has two jobs.For daytime work at a jewelry store he is paid $15,000 per month, plus a commission.His monthly commission is normally distributed with mean $10,000 and standard deviation $2000.At night he works occasionally as a waiter, for which his monthly income is normally distributed with mean $1,000 and standard deviation $300.John's income levels from these two sources are independent of each other.
-Referring to Scenario 6-2, for a given month, what is the probability that John's commission from the jewelry store is no more than $8,000?
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Suppose Z has a standard normal distribution with a mean of 0 and standard deviation of 1.The probability that Z values are larger than is 0.3483.
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SCENARIO 6-5
Ball bearings are manufactured with a mean diameter of 6 millimeters (mm).Because of the inherent manufacturing process variability, the lots of bearings are approximately normally distributed with a standard deviation of 0.03 mm.
-Using Scenario 6-5, what proportion of ball bearings has a diameter of greater than 6 mm? NEW QUESTION
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Suppose Z has a standard normal distribution with a mean of 0 and standard deviation of 1.The probability that Z values are larger than is 0.6985.
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If we know that the length of time it takes a college student to find a parking spot in the library parking lot follows a normal distribution with a mean of 3.5 minutes and a standard deviation of 1 minute, find the probability that a randomly selected college student will find a parking spot inthe library parking lot in less than 3 minutes.
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The value of the cumulative standardized normal distribution at Z is 0.8770.The value of Z is
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Suppose Z has a standard normal distribution with a mean of 0 and standard deviation of 1.The probability that Z is more than 0.77 is .
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SCENARIO 6-2
John has two jobs.For daytime work at a jewelry store he is paid $15,000 per month, plus a commission.His monthly commission is normally distributed with mean $10,000 and standard deviation $2000.At night he works occasionally as a waiter, for which his monthly income is normally distributed with mean $1,000 and standard deviation $300.John's income levels from these two sources are independent of each other.
-Referring to Scenario 6-2, for a given month, what is the probability that John's income as a waiter is no more than $300?
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You were told that the amount of time elapsed between consecutive trades on a foreign stock exchange market followed a normal distribution with a mean of 15 seconds.You were also told that the probability that the time elapsed between two consecutive trades to fall between 16 to 17 seconds was 13%.The probability that the time elapsed between two consecutive trades would fall below 13 seconds was 7%.What is the probability that the time elapsed between two consecutive trades will be between 13 and 14 seconds?
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Suppose Z has a standard normal distribution with a mean of 0 and standard deviation of 1.The probability that Z is between -2.89 and -1.03 is _.
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The probability that a standard normal variable, Z, falls between -2.00 and -0.44 is 0.6472.
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