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Essentials of Business Statistics Study Set 1
Exam 6: Continuous Random Variables
Path 4
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Question 1
Multiple Choice
____________ values of the standard deviation result in a normal curve that is wider and flatter.
Question 2
True/False
If the distances between the ordered data values are proportional to the distances between the actual values,then the normal probability plot will be a straight line.
Question 3
Multiple Choice
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?
Question 4
Multiple Choice
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?
Question 5
Multiple Choice
The weight of a product is normally distributed with a mean of 5 ounces.A randomly selected unit of this product weighs 7.1 ounces.The probability of a unit weighing more than 7.1 ounces is .0014.The production supervisor has lost files containing various pieces of information regarding this process,including the standard deviation.Determine the value of the standard deviation for this process.
Question 6
Multiple Choice
The area under the curve of a valid continuous probability distribution must ____________.
Question 7
Multiple Choice
The weight of a product is normally distributed with a standard deviation of .5 ounces.What should the average weight be if the production manager wants no more than 5 percent of the products to weigh more than 5.1 ounces?