Exam 6: The Normal Distribution and Other Continuous Distributions

You were told that the amount of time lapsed between consecutive trades on the New York Stock Exchange 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%. What is the probability that the time lapsed between two consecutive trades will be between 13 and 14 seconds?

In its standardized form, the normal distribution

Suppose Z has a standard normal distribution with a mean of 0 and standard deviation of 1. The probability that Z is between -0.88 and 2.29 is ________.

The owner of a fish market determined that the average 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?

TABLE 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 $2,000. At night he works 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 Table 6-2, John's commission from the jewelry store will be between what two values symmetrically distributed around the population mean 90% of the time?

Suppose Z has a standard normal distribution with a mean of 0 and standard deviation of 1. So 50% of the possible Z values are between ________ and ________ (symmetrically distributed about the mean).

TABLE 6-4 The interval between consecutive hits at a website is assumed to follow an exponential distribution with an average of 40 hits per minute. -The owner of a fish market determined that the average weight for a catfish is 3.2 pounds. He also knew that the probability of a randomly selected catfish that would weigh more than 3.8 pounds is 20% and the probability that a randomly selected catfish that would weigh less than 2.8 pounds is 30%. The probability that a randomly selected catfish will weigh between 2.6 and 3.6 pounds is ________.

TABLE 6-4 The interval between consecutive hits at a website is assumed to follow an exponential distribution with an average of 40 hits per minute. -Referring to Table 6-4, what is the probability that the next hit at the website will occur within no sooner than 5 seconds after just being hit by a visitor?

TABLE 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 $2,000. At night he works 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 Table 6-2, the probability is 0.9 that John's income as a waiter is less than how much in a given month?

TABLE 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 $2,000. At night he works 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 Table 6-2, the probability is 0.45 that John's income as a waiter is more than how much in a given month?

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.

You were told that the amount of time lapsed between consecutive trades on the New York Stock Exchange 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%. What is the probability that the time lapsed between two consecutive trades will be between 14 and 17 seconds?

Let X represent the amount of time until the next student will arrive in the library parking lot at the university. If we know that the distribution of arrival time can be modeled using an exponential distribution with a mean of 4 minutes (i.e. the mean number of arrivals is 1/4 per minute), find the probability that it will take more than 10 minutes for the next student to arrive at the library parking lot.

For some value of Z, the value of the cumulative standardized normal distribution is 0.2090. The value of Z is

The amount of time necessary for assembly line workers to complete a product is a normal random variable with a mean of 15 minutes and a standard deviation of 2 minutes. The probability is ________ that a product is assembled in less than 12 minutes.

A quality control manager at a plant that produces o-rings is concerned about whether the diameter of the o-rings that are produced is conformable to the specification. She has calculated that the average diameter of the o-rings is 4.2 centimeters. She also knows that approximately 95% of the o-rings have diameters fall between 3.2 and 5.2 centimeters and almost all of the o-rings have diameters between 2.7 and 5.7 centimeters. When modeling the diameters of the o-rings, which distribution should the scientists use?

TABLE 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 $2,000. At night he works 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 Table 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?

The amount of tea leaves in a can from a particular production line is normally distributed with μ = 110 grams and σ = 25 grams. What is the probability that a randomly selected can will contain at least 100 grams of tea leaves?

A catalog company that receives the majority of its orders by telephone conducted a study to determine how long customers were willing to wait on hold before ordering a product. The length of waiting time was found to be a random variable best approximated by an exponential distribution with a mean length of waiting time equal to 3 minutes (i.e. the mean number of calls answered in a minute is 1/3). What proportion of customers having to hold more than 4.5 minutes will hang up before placing an order?

You were told that the amount of time lapsed between consecutive trades on the New York Stock Exchange 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?