Exam 6: The Normal Distribution and Other Continuous Distributions

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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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0.0098

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 take between 2 and 4.5 Minutes to find a parking spot in the library parking lot.

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D

You were told that the amount of time lapsed 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 lapsed between two consecutive trades to fall between 16 to 17 seconds was 13%. The probability that the time lapsed between two consecutive trades would fall below 13 seconds was 7%. The probability is 80% that the time lapsed will be longer than how many seconds?

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14 seconds

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, the probability is 0.95 that John's commission from the jewelry store is at least how much in a given month?

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SCENARIO 6-6 A recent survey revealed that American's Christmas spending averaged $830. Use this as the population mean American's Christmas spending. Suppose American's Christmas spending is normally distributed with a standard deviation of $220. -Referring to Scenario 6-6, for a randomly chosen American, what is the probability that he/she will spend no more than $800 on Christmas spending?

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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, John's income as a waiter will be between what two values symmetrically distributed around the population mean 80% of the time?

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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 at least than $12,000?

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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. So, 90% of the products require more than __________ minutes for assembly.

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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 between $5,000 and $7,000?

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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, above what weight (in pounds) do 89.80% of the weights occur?

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You were told that the mean score on a statistics exam is 75 with the scores normally distributed. In addition, you know the probability of a score between 55 and 60 is 4.41% and that the probability of a score greater than 90 is 6.68%. What is the probability of a score between 60 and 95?

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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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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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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 more than $900?

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SCENARIO 6-3 Suppose the time interval between two consecutive defective light bulbs from a production line has a uniform distribution over an interval from 0 to 90 minutes. -Referring to Scenario 6-3, what is the mean of the time interval?

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You were told that the amount of time lapsed 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 lapsed between two consecutive trades to fall between 16 to 17 seconds was 13%. The probability that the time lapsed between two consecutive trades would fall below 13 seconds was 7%. The middle 60% of the time lapsed will fall between which two numbers?

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For some value of Z, the value of the cumulative standardized normal distribution is 0.8340. 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 less than 1.15 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. So, 17% of the products would be assembled within __________ minutes.

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SCENARIO 6-3 Suppose the time interval between two consecutive defective light bulbs from a production line has a uniform distribution over an interval from 0 to 90 minutes. -Referring to Scenario 6-3, the probability is 75% that the time interval between two consecutive defective light bulbs will fall between which two values that are the same distance from the mean?

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