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Statistics
Study Set
Business Statistics
Exam 8: Continuous Probability Distributions
Path 4
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Question 21
Multiple Choice
The expected value, E(X) , of a uniform random variable X defined over the interval
a
≤
x
≤
b
a \leq x \leq b
a
≤
x
≤
b
, is:
Question 22
Short Answer
Find the following probabilities: a.
P
(
X
≤
1
)
P ( X \leq 1 )
P
(
X
≤
1
)
b.
P
(
X
≥
2
)
P ( X \geq 2 )
P
(
X
≥
2
)
c.
P
(
1
≤
X
≤
2
)
P ( 1 \leq X \leq 2 )
P
(
1
≤
X
≤
2
)
d.
P
(
X
=
3
)
P ( X = 3 )
P
(
X
=
3
)
Question 23
True/False
Given that z is a standard normal random variable, a negative value of z indicates that the standard deviation of z is negative.
Question 24
Multiple Choice
Given that X is a normal variable, which of the following statements is (are) true?
Question 25
True/False
In the normal distribution, the total area under the curve is equal to one.
Question 26
Multiple Choice
The probability density function f(x) for a uniform random variable X defined over the interval [1, 11] is:
Question 27
Short Answer
Consider a binomial random variable X with n = 300 and p = 0.02. Approximate the values of the following probabilities. a. P(X = 4). b. P(X
5). c. P(X
8).