Exam 6: Continuous Probability Distributions
Exam 1: What Is Statistics79 Questions
Exam 2: Describing Data: Frequency Tables, Frequency Distributions, and Graphic Presentation87 Questions
Exam 3: Describing Data: Numerical Measures191 Questions
Exam 4: A Survey of Probability Concepts130 Questions
Exam 5: Discrete Probability Distributions121 Questions
Exam 6: Continuous Probability Distributions143 Questions
Exam 7: Sampling Methods and the Central Limit Theorem78 Questions
Exam 8: Estimation and Confidence Intervals134 Questions
Exam 9: One-Sample Tests of Hypothesis139 Questions
Exam 10: Two-Sample Tests of Hypothesis103 Questions
Exam 11: Analysis of Variance97 Questions
Exam 12: Linear Regression and Correlation166 Questions
Exam 13: Multiple Regression and Correlation Analysis128 Questions
Exam 14: Chi-Square Applications126 Questions
Exam 15: Index Numbers93 Questions
Exam 16: Time Series and Forecasting90 Questions
Exam 17: An Introduction to Decision Theory54 Questions
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(i. The proportion of the area under a normal curve to the right of z = -1.21 is 0.8869. (ii) The proportion of the area under a normal curve to the left of z = 0.50 is 0.6941.
(iii) The proportion of the area under a normal curve to the left of z = -2.10 is 0.1179.
(Multiple Choice)
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Normally distributed observations such as a person's weight, height or shoe size occur quite frequently in nature. Business people who are aware of this use it to their advantage. A purchasing agent for a college bookstore buying 300 golf shirts used the normal curve to decide on the order quantities for the various sizes. If men's average shirt size is 15.5 with a standard deviation of.50, how many shirts should be ordered in sizes over 16.5?
(Multiple Choice)
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A sample of 500 evening students revealed that their annual incomes from employment in industry during the day were normally distributed with a mean income of $30,000 and a standard deviation of $3,000. (i) 250 students earned more than $30,000.
(ii. 500 students earned between $20,000 and $40,000.
(iii) 11 students earned more than $36,000.
(Multiple Choice)
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What is the area under the normal curve between z = 0.0 and z = 2.0?
(Multiple Choice)
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A sample of 500 evening students revealed that their annual incomes were normally distributed with a mean income of $50,000 and a standard deviation of $4,000. What is the income that separates the top 5% from the lower 95% of the incomes?
(Multiple Choice)
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i. Asymptotic, means that the normal curve gets closer and closer to the X-axis but never actually touches it. ii. When referring to the normal probability function, there is not just one of them; there is a "family" of them.
iii. Some normal probability distributions have different arithmetic means and different standard deviations.
(Multiple Choice)
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Suppose a tire manufacturer wants to set a mileage guarantee on its new XB 70 tire. Life test revealed that the mean mileage is 47,900 and the standard deviation of the normally distributed distribution of mileage is 2,050 miles. The manufacturer wants to set the guaranteed mileage so that no more than 5 percent of the tires will have to be replaced. What guaranteed mileage should the manufacturer announce?
(Multiple Choice)
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Determine the z-score associated with an area of 0.48 from the mean of a normal distribution to that positive z-score.
(Multiple Choice)
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A major credit card company has determined that customers charge between $100 and $1,100 per month. Given that the average monthly amount charged is uniformly distributed, what percent of monthly charges are between $600 and $889?
(Multiple Choice)
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Replacement times for TV sets are normally distributed with a mean of 8.2 years and a standard deviation of 1.1 years, (based on data from "Getting Things Fixed, "Consumer Reports). (i) The replacement time that separated the top 20% from the bottom 80% is 9.124 years.
(ii. The probability that a randomly selected TV will be replaced after more than 10.0 years is 0.0505.
(Multiple Choice)
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Tabulation of a strike vote showed that 90% of those voting cast their ballot in favour of strike action. You take a sample of 50 voters. Assume this to be a binomial distribution. What is the mean for this distribution?
(Multiple Choice)
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A cola-dispensing machine is set to dispense a mean of 2.02 litres into a container labelled 2 liters. Actual quantities dispensed vary and the amounts are normally distributed with a standard deviation of 0.015 litres. What is the probability a container will have less than 2 litres?
(Multiple Choice)
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A sample of 500 evening students revealed that their annual incomes were normally distributed with a mean income of $50,000 and a standard deviation of $4,000. How many students earned between $47,000 and $53,000?
(Multiple Choice)
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A major credit card company has determined that customers charge between $100 and $1,100 per month. Given that the average monthly amount charged is uniformly distributed, what is the standard deviation of the monthly amount charged?
(Multiple Choice)
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One classic use of the normal distribution is inspired by a letter to Dear Abbey in which a wife claimed to have given birth 308 days after a brief visit from her husband, who was serving in the Navy. The lengths of pregnancies are normally distributed with a mean of 268 days and a standard deviation of 15 days. Given this information. (i) the probability of a pregnancy lasting 300 days or longer is 0.0166.
(ii. The result suggests that the husband is not the father of the child.
(Multiple Choice)
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Normally distributed observations such as a person's weight, height, or shoe size occur quite frequently in nature. Business people who are aware of this use it to their advantage. A purchasing agent for a large retailer buying 15,000 pairs of women's shoes used the normal curve to decide on the order quantities for the various sizes. If women's average shoe size is 7.5 with a standard deviation of 1.5, how many pairs should be ordered between sizes 6.5 and 9?
(Multiple Choice)
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(i. The mean of a normal probability distribution is 60 and the standard deviation is 5. 95.44 percent of observations lie between 50 and 75. (ii) A z-value of -2.00 indicates that corresponding X value lies to the left of the mean.
(iii) One of the properties of the normal curve is that it gets closer to the horizontal axis, but never touches it. This property of the normal curve is called asymptotic.
(Multiple Choice)
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The net profit from a certain investment is normally distributed with a mean of $10,000 and a standard deviation of $5,000. The probability that the investor will not have a net loss is:
(Multiple Choice)
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