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Statistics for Business Study Set 3
Exam 6: Continuous Probability Distributions
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Question 21
Multiple Choice
The assembly time for a product is uniformly distributed between 6 to 10 minutes.The standard deviation of assembly time (in minutes) is approximately
Question 22
Multiple Choice
What is the mean of x, given the function below? f(x) = (1/10) e-x
/10
x
0
Question 23
Multiple Choice
What is the probability that x is between 3 and 6, given the function below? f(x) = (1/10) e
-
x
/10
x
0
Question 24
Multiple Choice
The time it takes to travel from home to the office is normally distributed with μ = 25 minutes and σ = 5 minutes.What is the probability the trip takes more than 32 minutes?
Question 25
Multiple Choice
A normal probability distribution
Question 26
Multiple Choice
The exponential probability distribution is used with
Question 27
Multiple Choice
When a continuous probability distribution is used to approximate a discrete probability distribution, a value of 0.5 is added to and/or subtracted from the
Question 28
Multiple Choice
For a normal distribution, a negative value of z indicates
Question 29
Multiple Choice
The uniform distribution defined over the interval from 25 to 40 has the probability density function
Question 30
Multiple Choice
Larger values of the standard deviation result in a normal curve that is
Question 31
Multiple Choice
x is a normally distributed random variable with a mean of 24 and a standard deviation of 6.The probability that x is less than 11.5 is
Question 32
Multiple Choice
z is a standard normal random variable.The P(-1.5 < z < 1.09) equals
Question 33
Multiple Choice
The highest point of a normal curve occurs at
Question 34
Multiple Choice
The starting salaries of individuals with an MBA degree are normally distributed with a mean of $40,000 and a standard deviation of $5,000.What percentage of MBA's will have starting salaries of $34,000 to $46,000?