Exam 5: Continuous Random Variables
Exam 1: An Introduction to Business Statistics63 Questions
Exam 2: Descriptive Statistics286 Questions
Exam 3: Probability177 Questions
Exam 4: Discrete Random Variables141 Questions
Exam 5: Continuous Random Variables167 Questions
Exam 6: Sampling Distributions119 Questions
Exam 7: Confidence Intervals226 Questions
Exam 8: Hypothesis Testing192 Questions
Exam 9: Statistical Inferences Based on Two Samples168 Questions
Exam 10: Experimental Design and Analysis of Variance155 Questions
Exam 11: Correlation Coefficient and Simple Linear Regression Analysis190 Questions
Exam 12: Multiple Regression and Model Building222 Questions
Exam 13: Nonparametric Methods112 Questions
Exam 14: Chi-Square Tests101 Questions
Exam 15: Decision Theory97 Questions
Exam 16: Time Series Forecasting152 Questions
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The lifetime of a stereo component is exponentially distributed with mean 1,000 days. What is the probability that the lifetime:
-Exceeds 1,000 days?
(Essay)
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The _____________ distribution would most likely be used to describe the distribution of time between arrivals of customers at the grocery store.
(Multiple Choice)
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The flying time of a drone airplane has a normal distribution with mean 4.76 hours and standard deviation of .04 hours. What is the probability that the drone will fly:
-What is the probability that a standard normal random variable will be between -2 and 2?
(Short Answer)
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The yearly number of dental claims for the employees of the local shoe manufacturing company is normally distributed with a mean of 105 and a standard deviation of 35.What is the yearly number at which 35% of the employees fall at or below?
(Essay)
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A study shows that employees that begin their work day at 9:00 a.m.vary their times of arrival uniformly from 8:40 a.m.to 9:30 a.m.The probability that a randomly chosen employee reports to work between 9:00 and 9:10 is:
(Multiple Choice)
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A plant manager knows that the number of boxes of supplies received weekly is normally distributed with a mean of 200 and a standard deviation of 20. What percentage of the time will the number of boxes received weekly be
-Between 180 and 210
(Essay)
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The life of a light bulb is exponentially distributed with a mean of 1,000 hours. What is the probability that the bulb will last:
-Less than 800 hours?
(Essay)
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Suppose the daily change in price of a stock is normally distributed with mean = .20 and standard deviation = .30.What price change is associated with the 25th percentile?
(Essay)
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What is the probability that a randomly selected cable repair visit falls within 2 standard deviations of the mean?
(Essay)
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The price of an energy sports drink is normally distributed with an average of $2.25 and a standard deviation of $0.15 across store outlets.
-What is the probability that a randomly selected drink will cost between $2.00 and $2.50?
(Essay)
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Suppose that the waiting time for a pizza to be delivered to an individual's residence has been found to be normally distributed with a mean of 30 minutes and a standard deviation of 8 minutes. What is the probability that a randomly selected individual will have a waiting time
-No more than 22 minutes
(Essay)
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The average distance between store outlets in a chain of stores in a large metropolitan city is 50km and has a standard deviation of 5km. What is the probability of finding a store:
-No less than 55km away?
(Essay)
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A normal distribution with mean zero and a standard deviation one is called the _____ normal distribution.
(Short Answer)
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If the scores on an aptitude test are normally distributed with mean 500 and standard deviation 100,what proportion of the test scores are less than 585?
(Essay)
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During the past six months, 73.2% of households purchased sugar. Assume that these expenditures are approximately normally distributed with a mean of $8.22 and a standard deviation of $1.10.
-Find the probability that a household spent less than $5.00
(Essay)
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The average distance between store outlets in a chain of stores in a large metropolitan city is 50km and has a standard deviation of 5km. What is the probability of finding a store:
-Between 50 km and 60 km?
(Essay)
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The standard deviation of a standard normal distribution is always equal to 1.
(True/False)
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Suppose the distribution of personality test scores is normally distributed with a mean of 15 and a variance of 25.
-What percentage of the population scores greater than 15?
(Essay)
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The mean life of pair of shoes is 40 months with a standard deviation of 8 months.If the life of the shoes is normally distributed,how many pairs of shoes out of one million will need replacement before 36 months?
(Multiple Choice)
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