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Statistics
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Modern Business Statistics
Exam 6: Continuous Probability Distributions
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Question 21
Multiple Choice
Excel's NORM.S.DIST function can be used to compute
Question 22
Short Answer
The time required to assemble a part of a machine follows an exponential probability distribution with a mean of 14 minutes. a.What is the probability that the part can be assembled in 7 minutes or less? b.What is the probability that the part can be assembled between 3.5 and 7 minutes?
Question 23
Multiple Choice
Exhibit 6-4 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. -Refer to Exhibit 6-4. What is the probability that a randomly selected individual with an MBA degree will get a starting salary of at least $47,500?
Question 24
Multiple Choice
Exhibit 6-3 The weight of football players is normally distributed with a mean of 200 pounds and a standard deviation of 25 pounds. -Refer to Exhibit 6-3. The probability of a player weighing less than 250 pounds is