Exam 5: Continuous Random Variables and Probability Distributions

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The total area under the curve of the probability density function of any normal distribution is always 1.0.

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Let the random variable Z follow a standard normal distribution. -Find the value k such that P(Z > k)= 0.43

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: The length of time it takes to be seated at a local restaurant on Friday night is normally distributed with a mean of 15 minutes and a standard deviation of 4.75 minutes. -A fair coin is flipped 100 times.The probability of obtaining between 40 and 60 heads is approximately:

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Consider a random sample of size n =1800 from a binomial probability distribution with P = 0.40,and X = number of successes. -With probability 0.09 the percentage of successes is greater than what value?

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Consider a random sample of size n =1800 from a binomial probability distribution with P = 0.40,and X = number of successes. -Find the probability that the number of successes is less than 700.

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: The time it takes to assemble an electronic component is normally distributed with a mean of 17.2 minutes and a standard deviation of 3.1 minutes. -What is the probability that it will take at least 16 minutes to assemble a component?

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Given a normal random variable X with mean μ and standard deviation σ,the standard normal random variable associated with x is Z = (X - μ)/σ.

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The normal distribution is an example of a(n):

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You are in charge of arranging the catering for a company meeting.Your company is responsible for paying for all meals ordered,so you don't want to order too many.Suppose that the expected number of people for the meeting is 84,with a standard deviation of 4 people.What is the fewest number of meals should you order so that the probability of having more people than meals is 5%?

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The probability is approximately 0.05 that X is in the symmetric interval about the mean between which two numbers?

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Sales,investment,consumption,costs,and revenues are economic and business measures which can be represented by:

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: A wire-spinning machine will spin,on average,12.3 miles before needing maintenance.Assume the time between maintenance is exponentially distributed. -What is the median amount of time before the machine needs servicing?

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Let the random variable Z follow a standard normal distribution. -What is P(Z > -0.21)?

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A continuous random variable X is normally distributed with a mean of 1200 and a standard deviation of 150.Given that X = 1410,its corresponding Z-score is 1.40.

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Consider a random sample of size n =1800 from a binomial probability distribution with P = 0.40,and X = number of successes. -Find the mean and standard deviation of the proportion of successes.

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The area under the probability density function for the uniform distribution is between:

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Consider a random sample of size n =1800 from a binomial probability distribution with P = 0.40,and X = number of successes. -With probability 0.20,the percentage of successes is less than what value?

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Let X be a continuous random variable with mean of 1200 and standard deviation of 250.Define the random variable Y as follows: Y = 80 + 0.05X -What is the standard deviation of Y?

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: The number of orders that come into a mail-order sales office each month is normally distributed with a mean of 298 and a standard deviation of 15.4. -What is the area under the normal curve between Z = 1.0 and Z = 2.0?

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In a random experiment which leads to an outcome that can be represented by a continuous random variable,the average of the values taken as the number of replications becomes infinitely large is called the:

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