Exam 6: Continuous Random Variables
Exam 1: An Introduction to Business Statistics54 Questions
Exam 2: Descriptive Statistics: Tabular and Graphical Methods90 Questions
Exam 3: Descriptive Statistics: Numerical Methods149 Questions
Exam 4: Probability135 Questions
Exam 5: Discrete Random Variables128 Questions
Exam 6: Continuous Random Variables150 Questions
Exam 7: Sampling and Sampling Distributions116 Questions
Exam 8: Confidence Intervals144 Questions
Exam 9: Hypothesis Testing148 Questions
Exam 10: Statistical Inferences Based on Two Samples132 Questions
Exam 11: Experimental Design and Analysis of Variance115 Questions
Exam 12: Chi-Square Tests96 Questions
Exam 13: Simple Linear Regression Analysis148 Questions
Exam 14: Multiple Regression122 Questions
Exam 15: Model Building and Model Diagnostics102 Questions
Exam 16: Time Series Forecasting150 Questions
Exam 17: Process Improvement Using Control Charts122 Questions
Exam 18: Nonparametric Methods97 Questions
Exam 19: Decision Theory90 Questions
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The cashier service time at the local branch of the Rivertown bank has an exponential distribution with a mean of 2.5 minutes.What is the probability that the service time: Is no more than 3 minutes?
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(Multiple Choice)
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Correct Answer:
B
A probability distribution that describes the time or space between successive occurrences of an event is a(n)_____ probability distribution.
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C
Consider a normal population with a mean of 10 and a variance of 4.Find P(X > 18).
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Correct Answer:
B
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?
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The mean and median are the same for an exponential distribution.
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If the random variable of x is normally distributed,68.26% of all possible observed values of x will be within two standard deviations of the mean.
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What is the probability that a standard normal random variable will be between -2 and 2?
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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: More than 4.80 hours?
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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?
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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?
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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: Less than 4.66 hours?
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The population of lengths of aluminum-coated steel sheets is normally distributed with a mean of 30.05 inches and a standard deviation of 0.2 inches. What is the probability that a sheet selected at random from the population is between 30.25 and 30.65 inches long?
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The relationship between the standard normal random variable Z and normal random variable X is that:
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Suppose that the waiting time for a license plate renewal at a local office of a state motor vehicle department 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 at least 10 minutes?
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The number of standard deviations that a value x is from the mean is a(n)_____.
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Consider a normal population with a mean of 10 and a standard deviation 2. Find P(X = 10).
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The average time a subscriber spends reading the local newspaper is 49 minutes.Assume the standard deviation is 16 minutes and that the times are normally distributed. What is the probability a subscriber will spend at least 1 hour reading the paper?
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A uniform distribution f(x)is a continuous probability distribution which says the probability that x is in any 2 intervals of equal length is the same.
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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:
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The height of a probability curve f(x)at a particular point indicates the value of a probability for a given value of a random variable x.
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