Exam 7: Continuous Probability Distributions

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

For Gardyloo Manufacturing, the true proportion of accounts receivable with some kind of error is .20. If an auditor randomly samples 225 accounts receivable, what is the approximate normal probability that 39 or fewer will contain errors?

(Multiple Choice)
4.9/5
(35)

Which model best describes your waiting time until you get the next nonworking web URL ("This page cannot be displayed") as you click on various websites for Florida condo rentals?

(Multiple Choice)
4.7/5
(31)

Which is the correct Excel formula for the 80th percentile of a distribution that is N(475, 33)?

(Multiple Choice)
4.8/5
(36)

A random variable X is best described by a continuous uniform distribution from 20 to 45 inclusive. The mean of this distribution is:

(Multiple Choice)
4.9/5
(37)

Could this function be a PDF? Could this function be a PDF?

(Multiple Choice)
4.9/5
(41)

The price-earnings ratio for firms in a given industry follows the normal distribution. In this industry, a firm whose price-earnings ratio has a standardized value of z = 1.00 is approximately in the highest ______ percent of firms in the industry.

(Multiple Choice)
4.7/5
(36)

If arrivals occur at a mean rate of 3.6 events per hour, the exponential probability of waiting less than 0.5 hour for the next arrival is:

(Multiple Choice)
4.8/5
(38)

In a continuous distribution the

(Multiple Choice)
4.9/5
(29)

Bob used a triangular distribution of T(20, 30, 61) to represent his daily commute time (minutes). Which statement is incorrect?

(Multiple Choice)
4.7/5
(33)

If the mean time between unscheduled maintenance of LCD displays in a hospital's CT scan facility is 4,000 operating hours, what is the probability of unscheduled maintenance in the next 5,000 hours?

(Multiple Choice)
4.7/5
(30)

The standard deviation of a normal random variable X is $20. Given that P(X ≤ $10) = 0.1841. From this we can determine that the mean of the distribution is equal to:

(Multiple Choice)
4.8/5
(27)

The area under the normal curve between the 20th and 70th percentiles is equal to:

(Multiple Choice)
4.7/5
(40)

If arrivals follow a Poisson distribution with mean 1.2 arrivals per minute, find the 75th percentile of waiting times until the next arrival (i.e., 75 percent below).

(Multiple Choice)
4.8/5
(45)

Phyllis used a triangular distribution of T(10, 15, 20) to represent her daily commute time (minutes). Which statement is incorrect?

(Multiple Choice)
4.9/5
(35)

If the mean time between in-flight aircraft engine shutdowns is 12,500 operating hours, the 90th percentile of waiting times to the next shutdown will be:

(Multiple Choice)
4.8/5
(37)

The area under the normal curve between z = 0 and z = 1 is ______________ the area under the normal curve between z = 1 and z = 2.

(Multiple Choice)
5.0/5
(41)

The number of lightning strikes in a day in Miami is a continuous random variable.

(True/False)
4.8/5
(37)

A machine dispenses water into a glass. Assuming that the amount of water dispensed follows a continuous uniform distribution from 10 ounces to 16 ounces, the average amount of water dispensed by the machine is:

(Multiple Choice)
4.8/5
(37)

The triangular distribution T(0, 10, 20) is skewed left.

(True/False)
4.7/5
(28)

The random variable X is normally distributed with mean of 80 and variance of 36. The 67th percentile of the distribution is:

(Multiple Choice)
4.7/5
(27)
Showing 81 - 100 of 120
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)