Deck 7: Continuous Probability Distributions

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Question
There is a simple formula for normal areas,but we prefer a table for greater accuracy.
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Question
Any normal distribution has a mean of 0 and a standard deviation of 1.
Question
If arrivals follow a Poisson distribution,waiting times follow the exponential distribution.
Question
For a continuous random variable,the total area beneath the PDF will be greater than zero but less than one.
Question
Normal distributions differ only in their means and variances.
Question
The normal distribution is a good approximation to the binomial if n = 200 and π = .03.
Question
The mean,median,and mode of a normal distribution will always be the same.
Question
We would use a normal distribution to model the waiting time until the next Florida hurricane strike.
Question
The exponential distribution is always skewed right.
Question
The exponential distribution is continuous and the Poisson distribution is discrete,yet the two distributions are closely related.
Question
The true proportion of accounts receivable with some kind of error is 4 percent for Venal Enterprises.If an auditor randomly samples 50 accounts receivable,it is acceptable to use the normal approximation to estimate the probability that fewer than two will contain errors.
Question
A continuous uniform distribution U(0,800)will have μ = 400 and σ = 230.94.
Question
The normal distribution is a good approximation to the binomial if n ≥ 30.
Question
The height and width of a continuous uniform distribution's PDF are the same.
Question
For a continuous uniform distribution U(200,400),the parameters are μ = 300 and σ = 100.
Question
Experience suggests that 4 percent of all college students have had a tonsillectomy.In a sample of 300 college students,we need to find the probability that at least 10 have had a tonsillectomy.It is acceptable to use the normal distribution to estimate this probability.
Question
The normal is a good approximation to the binomial when n is greater than or equal to 10.
Question
A continuous uniform distribution is always symmetric.
Question
A continuous uniform distribution U(100,200)will have the same standard deviation as a continuous uniform distribution U(200,300).
Question
The exponential distribution describes the number of arrivals per unit of time.
Question
A random variable X is best described by a continuous uniform distribution from 20 to 45 inclusive.The mean of this distribution is

A)30.5
B)31.5
C)32.5
D)33.5
Question
If arrivals occur at a mean rate of 3.6 events per hour,the exponential probability of waiting less than 0.5 hour for the next arrival is

A)0.7122
B)0.8105
C)0.8347
D)0.7809
Question
A machine dispenses water into a glass.Assuming that the amount of water dispensed follows a continuous uniform distribution from 10 ounces to 16 ounces,what is the probability that 13 or more ounces will be dispensed in a given glass?

A)0.1666
B)0.3333
C)0.5000
D)0.6666
Question
Bob's z-score for the last exam was 1.52 in Prof.Axolotl's class BIO 417,"Life Cycle of the Ornithorhynchus." Bob said,"Oh,good,my score is in the top 10 percent." Assuming a normal distribution of scores,is Bob right?

A)Yes
B)No
C)Must have n to answer.
Question
The area under a normal curve is 1 only if the distribution is standardized N(0,1).
Question
A machine dispenses water into a glass.Assuming that the amount of water dispensed follows a continuous uniform distribution from 10 ounces to 16 ounces,the average amount of water dispensed by the machine is

A)12 ounces.
B)13 ounces.
C)14 ounces.
D)16 ounces.
Question
The exponential distribution can be either right-skewed or left-skewed,depending on λ.
Question
If arrivals occur at a mean rate of 1.6 events per minute,the exponential probability of waiting less than 1 minute for the next arrival is

A)0.2019
B)0.7104
C)0.8812
D)0.7981
Question
The lengths of brook trout caught in a certain Colorado stream are normally distributed with a mean of 14 inches and a standard deviation of 3 inches.What proportion of brook trout caught will be between 12 and 18 inches in length?

A)0.6563
B)0.6826
C)0.2486
D)0.4082
Question
The Excel function = 40*RAND()would generate random numbers with standard deviation approximately equal to

A)13.33
B)20.00
C)11.55
D)19.27
Question
A random variable X is best described by a continuous uniform distribution from 20 to 45 inclusive.The standard deviation of this distribution is approximately

A)52.1
B)32.5
C)6.85
D)7.22
Question
If arrivals occur at a mean rate of 3.6 events per hour,the exponential probability of waiting more than 0.5 hour for the next arrival is

A)0.2407
B)0.1653
C)0.1222
D)0.5000
Question
The number of lightning strikes in a day in Miami is a continuous random variable.
Question
The area under an exponential curve can exceed 1 because the distribution is right-skewed.
Question
The normal distribution is a good approximation to the binomial if n = 25 and π = .50.
Question
If arrivals occur at a mean rate of 2.6 events per minute,the exponential probability of waiting more than 1.5 minutes for the next arrival is

A)0.0202
B)0.0122
C)0.0535
D)0.2564
Question
A machine dispenses water into a glass.Assuming that the amount of water dispensed follows a continuous uniform distribution from 10 ounces to 16 ounces,the standard deviation of the amount of water dispensed is about

A)1.73 ounces.
B)3.00 ounces.
C)0.57 ounce.
D)3.51 ounces.
Question
A random variable X is best described by a continuous uniform distribution from 20 to 45 inclusive.What is P(30 ≤ X ≤ 40)?

A)0.20
B)0.40
C)0.60
D)0.80
Question
The Excel function = 800*RAND()would generate random numbers with standard deviation approximately equal to

A)200
B)188
C)231
D)400
Question
The lengths of brook trout caught in a certain Colorado stream are normally distributed with a mean of 14 inches and a standard deviation of 3 inches.The first quartile for the lengths of brook trout would be

A)16.01 inches.
B)11.00 inches.
C)11.98 inches.
D)10.65 inches.
Question
The MPG (miles per gallon)for a certain compact car is normally distributed with a mean of 31 and a standard deviation of 0.8.What is the probability that the MPG for a randomly selected compact car would be less than 32?

A)0.3944
B)0.8944
C)0.1056
D)0.5596
Question
The time required for a citizen to complete the 2010 U.S.Census "long" form is normally distributed with a mean of 40 minutes and a standard deviation of 10 minutes.The slowest 10 percent of the citizens would need at least how many minutes to complete the form?

A)27.2
B)35.8
C)52.8
D)59.6
Question
In Melanie's Styling Salon,the time to complete a simple haircut is normally distributed with a mean of 25 minutes and a standard deviation of 4 minutes.What percentage of customers require less than 32 minutes for a simple haircut?

A)95.99 percent
B)99.45 percent
C)97.72 percent
D)45.99 percent
Question
Compared to the area between z = 1.00 and z = 1.25,the area between z = 2.00 and z = 2.25 in the standard normal distribution will be

A)smaller.
B)larger.
C)the same.
D)impossible to compare without knowing μ and σ.
Question
A large number of applicants for admission to graduate study in business are given an aptitude test.Scores are normally distributed with a mean of 460 and standard deviation of 80.What fraction of applicants would you expect to have scores of 600 or above?

A)0.0401
B)0.4599
C)0.5401
D)0.0852
Question
In Melanie's Styling Salon,the time to complete a simple haircut is normally distributed with a mean of 25 minutes and a standard deviation of 4 minutes.The slowest quartile of customers will require more than how many minutes for a simple haircut?

A)3(n + 1)/4 minutes
B)26 minutes
C)25.7 minutes
D)27.7 minutes
Question
Exam scores were normal in BIO 200.Jason's exam score was one standard deviation above the mean.What percentile is he in?

A)68th
B)75th
C)78th
D)84th
Question
If the random variable Z has a standard normal distribution,then P(Z ≤ − 1.37)is

A)0.9147
B)0.4147
C)0.5016
D)0.0853
Question
A large number of applicants for admission to graduate study in business are given an aptitude test.Scores are normally distributed with a mean of 460 and standard deviation of 80.What fraction of the applicants would you expect to have a score of 400 or above?

A)0.2734
B)0.7734
C)0.7266
D)0.7500
Question
The time required for a citizen to complete the 2010 U.S.Census "long" form is normally distributed with a mean of 40 minutes and a standard deviation of 10 minutes.What proportion of the citizens will require less than one hour?

A)0.4772
B)0.9772
C)0.9974
D)0.9997
Question
A student's grade on an examination was transformed to a z value of 0.67.Assuming a normal distribution,we know that she scored approximately in the top

A)15 percent.
B)50 percent.
C)40 percent.
D)25 percent.
Question
In Melanie's Styling Salon,the time to complete a simple haircut is normally distributed with a mean of 25 minutes and a standard deviation of 4 minutes.For a simple haircut,the middle 90 percent of the customers will require

A)between 18.4 and 31.6 minutes.
B)between 19.9 and 30.1 minutes.
C)between 20.0 and 30.0 minutes.
D)between 17.2 and 32.8 minutes.
Question
The time required for a citizen to complete the 2010 U.S.Census "long" form is normally distributed with a mean of 40 minutes and a standard deviation of 10 minutes.What is the third quartile (in minutes)for the time required to complete the form?

A)44.75
B)46.75
C)47.50
D)52.50
Question
Assume that X is normally distributed with a mean μ = $64.Given that P(X ≥ $75)= 0.2981,we can calculate that the standard deviation of X is approximately

A)$20.76
B)$13.17
C)$5.83
D)$7.05
Question
The probability is 0.80 that a standard normal random variable is between −z and +z.The value of z is approximately

A)1.28
B)1.35
C)1.96
D)1.45
Question
If the random variable Z has a standard normal distribution,then P(1.25 ≤ Z ≤ 2.17)is

A)0.0906
B)0.9200
C)0.4700
D)0.3944
Question
A large number of applicants for admission to graduate study in business are given an aptitude test.Scores are normally distributed with a mean of 460 and standard deviation of 80.The top 2.5 percent of the applicants would have a score of at least (choose the nearest integer)

A)606
B)617
C)600
D)646
Question
The lengths of brook trout caught in a certain Colorado stream are normally distributed with a mean of 14 inches and a standard deviation of 3 inches.What lower limit should the State Game Commission set on length if it is desired that 80 percent of the catch may be kept by fishers?

A)12.80 inches
B)11.48 inches
C)12.00 inches
D)9.22 inches
Question
The area under the normal curve between z = 0 and z = 1 is ________ the area under the normal curve between z = 1 and z = 2.

A)less than
B)greater than
C)equal to
Question
The price-earnings ratio for firms in a given industry follows the normal distribution.In this industry,a firm whose price-earnings ratio has a standardized value of z = 1.00 is approximately in the highest ________ percent of firms in the industry.

A)16 percent
B)34 percent
C)68 percent
D)75 percent
Question
The standard deviation of a normal random variable X is $20.Given that P(X ≤ $10)= 0.1841 we can determine that the mean of the distribution is equal to

A)$13
B)$26
C)$20
D)$28
Question
A certain assembly line at Vexing Manufacturing Company averages 30 minutes between breakdowns.The median time between breakdowns is

A)30.0 minutes.
B)35.7 minutes.
C)25.4 minutes.
D)20.8 minutes.
Question
On average,a major earthquake (Richter scale 6.0 or above)occurs 3 times a decade in a certain California county.What is the probability that less than six months will pass before the next earthquake?

A)0.1393
B)0.8607
C)0.0952
D)0.9048
Question
Regarding continuous probability distributions,which statement is correct?

A)The exponential distribution may be skewed left or right.
B)The uniform distribution is never skewed.
C)The normal distribution is sometimes skewed.
D)The standard normal distribution is platykurtic.
Question
On the last exam in FIN 417,"Capital Budgeting Strategies" Bob's z-score was −1.15.Bob said,"Yipe! My score is within the bottom quartile." Assuming a normal distribution,is Bob right?

A)Yes
B)No
C)Must know the class size to answer
Question
Compared to the area between z = 0.50 and z = 0.75,the area between z = 1.50 and z = 1.75 in the standard normal distribution will be

A)smaller
B)larger
C)the same
Question
Which probability model is most appropriate to describe the waiting time (working days)until an office photocopier breaks down (i.e. ,requires unscheduled maintenance)?

A)Normal
B)Uniform
C)Exponential
D)Poisson
Question
The variable in a normal distribution can assume any value between

A)−3 and +3
B)−4 and +4
C)−1 and +1
D)−∞ and +∞
Question
If the mean time between in-flight aircraft engine shutdowns is 12,500 operating hours,the 90th percentile of waiting times to the next shutdown will be

A)20,180 hours.
B)28,782 hours.
C)23,733 hours.
D)18,724 hours.
Question
Exam scores were normal in MIS 200.Jason's exam score was 1.41 standard deviations above the mean.What percentile is he in?

A)68th
B)75th
C)84th
D)92nd
Question
The area under the normal curve between the 20th and 70th percentiles is equal to

A)0.7000
B)0.5000
C)0.9193
Question
To convert a normally distributed variable X into a standard Z score we would

A)subtract the mean from the original observation and divide the result by the variance.
B)subtract the mean from the original observation and divide the result by the standard deviation.
C)add the mean and the original observation,then divide by the variance.
D)subtract the mean from the standard deviation and divide by the variance.
Question
On average,15 minutes elapse between discoveries of fraudulent corporate tax returns in a certain IRS office.What is the probability that less than 30 minutes will elapse before the next fraudulent corporate tax return is discovered?

A)0.1353
B)0.6044
C)0.7389
D)0.8647
Question
What are the mean and standard deviation for the standard normal distribution?

A)μ = 0,σ = 0
B)μ = 1,σ = 1
C)μ = 1,σ = 0
D)μ = 0,σ = 1
Question
A certain assembly line at Vexing Manufacturing Company averages 30 minutes between breakdowns.What is the probability that less than 6 minutes will elapse before the next breakdown?

A)0.8187
B)0.0488
C)0.1813
D)0.2224
Question
If the mean time between unscheduled maintenance of LCD displays in a hospital's CT scan facility is 4,000 operating hours,what is the probability of unscheduled maintenance in the next 5,000 hours?

A)0.8000
B)0.7135
C)0.2865
D)0.5000
Question
Which model best describes your waiting time until you get the next nonworking web URL ("This page cannot be displayed")as you click on various websites for Florida condo rentals?

A)Standard normal
B)Uniform
C)Normal
D)Exponential
Question
The random variable X is normally distributed with mean of 80 and variance of 36.The 67th percentile of the distribution is

A)72.00
B)95.84
C)90.00
D)82.64
Question
Light bulbs are normally distributed with an average lifetime of 1000 hours and a standard deviation of 250 hours.The probability that a light bulb picked at random will last less than 1500 hours is about

A)97.72 percent.
B)95.44 percent.
C)75.00 percent.
D)68.00 percent.
Question
Any two normal curves are the same except for their

A)standard deviations.
B)means.
C)standard deviations and means.
D)standard deviations,means,skewness,and kurtosis.
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Deck 7: Continuous Probability Distributions
1
There is a simple formula for normal areas,but we prefer a table for greater accuracy.
False
2
Any normal distribution has a mean of 0 and a standard deviation of 1.
False
3
If arrivals follow a Poisson distribution,waiting times follow the exponential distribution.
True
4
For a continuous random variable,the total area beneath the PDF will be greater than zero but less than one.
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5
Normal distributions differ only in their means and variances.
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6
The normal distribution is a good approximation to the binomial if n = 200 and π = .03.
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7
The mean,median,and mode of a normal distribution will always be the same.
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8
We would use a normal distribution to model the waiting time until the next Florida hurricane strike.
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9
The exponential distribution is always skewed right.
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10
The exponential distribution is continuous and the Poisson distribution is discrete,yet the two distributions are closely related.
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11
The true proportion of accounts receivable with some kind of error is 4 percent for Venal Enterprises.If an auditor randomly samples 50 accounts receivable,it is acceptable to use the normal approximation to estimate the probability that fewer than two will contain errors.
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12
A continuous uniform distribution U(0,800)will have μ = 400 and σ = 230.94.
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13
The normal distribution is a good approximation to the binomial if n ≥ 30.
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14
The height and width of a continuous uniform distribution's PDF are the same.
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15
For a continuous uniform distribution U(200,400),the parameters are μ = 300 and σ = 100.
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16
Experience suggests that 4 percent of all college students have had a tonsillectomy.In a sample of 300 college students,we need to find the probability that at least 10 have had a tonsillectomy.It is acceptable to use the normal distribution to estimate this probability.
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17
The normal is a good approximation to the binomial when n is greater than or equal to 10.
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18
A continuous uniform distribution is always symmetric.
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19
A continuous uniform distribution U(100,200)will have the same standard deviation as a continuous uniform distribution U(200,300).
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20
The exponential distribution describes the number of arrivals per unit of time.
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21
A random variable X is best described by a continuous uniform distribution from 20 to 45 inclusive.The mean of this distribution is

A)30.5
B)31.5
C)32.5
D)33.5
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22
If arrivals occur at a mean rate of 3.6 events per hour,the exponential probability of waiting less than 0.5 hour for the next arrival is

A)0.7122
B)0.8105
C)0.8347
D)0.7809
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23
A machine dispenses water into a glass.Assuming that the amount of water dispensed follows a continuous uniform distribution from 10 ounces to 16 ounces,what is the probability that 13 or more ounces will be dispensed in a given glass?

A)0.1666
B)0.3333
C)0.5000
D)0.6666
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24
Bob's z-score for the last exam was 1.52 in Prof.Axolotl's class BIO 417,"Life Cycle of the Ornithorhynchus." Bob said,"Oh,good,my score is in the top 10 percent." Assuming a normal distribution of scores,is Bob right?

A)Yes
B)No
C)Must have n to answer.
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25
The area under a normal curve is 1 only if the distribution is standardized N(0,1).
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26
A machine dispenses water into a glass.Assuming that the amount of water dispensed follows a continuous uniform distribution from 10 ounces to 16 ounces,the average amount of water dispensed by the machine is

A)12 ounces.
B)13 ounces.
C)14 ounces.
D)16 ounces.
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27
The exponential distribution can be either right-skewed or left-skewed,depending on λ.
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28
If arrivals occur at a mean rate of 1.6 events per minute,the exponential probability of waiting less than 1 minute for the next arrival is

A)0.2019
B)0.7104
C)0.8812
D)0.7981
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29
The lengths of brook trout caught in a certain Colorado stream are normally distributed with a mean of 14 inches and a standard deviation of 3 inches.What proportion of brook trout caught will be between 12 and 18 inches in length?

A)0.6563
B)0.6826
C)0.2486
D)0.4082
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30
The Excel function = 40*RAND()would generate random numbers with standard deviation approximately equal to

A)13.33
B)20.00
C)11.55
D)19.27
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31
A random variable X is best described by a continuous uniform distribution from 20 to 45 inclusive.The standard deviation of this distribution is approximately

A)52.1
B)32.5
C)6.85
D)7.22
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32
If arrivals occur at a mean rate of 3.6 events per hour,the exponential probability of waiting more than 0.5 hour for the next arrival is

A)0.2407
B)0.1653
C)0.1222
D)0.5000
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33
The number of lightning strikes in a day in Miami is a continuous random variable.
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34
The area under an exponential curve can exceed 1 because the distribution is right-skewed.
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35
The normal distribution is a good approximation to the binomial if n = 25 and π = .50.
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36
If arrivals occur at a mean rate of 2.6 events per minute,the exponential probability of waiting more than 1.5 minutes for the next arrival is

A)0.0202
B)0.0122
C)0.0535
D)0.2564
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37
A machine dispenses water into a glass.Assuming that the amount of water dispensed follows a continuous uniform distribution from 10 ounces to 16 ounces,the standard deviation of the amount of water dispensed is about

A)1.73 ounces.
B)3.00 ounces.
C)0.57 ounce.
D)3.51 ounces.
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38
A random variable X is best described by a continuous uniform distribution from 20 to 45 inclusive.What is P(30 ≤ X ≤ 40)?

A)0.20
B)0.40
C)0.60
D)0.80
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39
The Excel function = 800*RAND()would generate random numbers with standard deviation approximately equal to

A)200
B)188
C)231
D)400
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40
The lengths of brook trout caught in a certain Colorado stream are normally distributed with a mean of 14 inches and a standard deviation of 3 inches.The first quartile for the lengths of brook trout would be

A)16.01 inches.
B)11.00 inches.
C)11.98 inches.
D)10.65 inches.
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41
The MPG (miles per gallon)for a certain compact car is normally distributed with a mean of 31 and a standard deviation of 0.8.What is the probability that the MPG for a randomly selected compact car would be less than 32?

A)0.3944
B)0.8944
C)0.1056
D)0.5596
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42
The time required for a citizen to complete the 2010 U.S.Census "long" form is normally distributed with a mean of 40 minutes and a standard deviation of 10 minutes.The slowest 10 percent of the citizens would need at least how many minutes to complete the form?

A)27.2
B)35.8
C)52.8
D)59.6
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43
In Melanie's Styling Salon,the time to complete a simple haircut is normally distributed with a mean of 25 minutes and a standard deviation of 4 minutes.What percentage of customers require less than 32 minutes for a simple haircut?

A)95.99 percent
B)99.45 percent
C)97.72 percent
D)45.99 percent
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44
Compared to the area between z = 1.00 and z = 1.25,the area between z = 2.00 and z = 2.25 in the standard normal distribution will be

A)smaller.
B)larger.
C)the same.
D)impossible to compare without knowing μ and σ.
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45
A large number of applicants for admission to graduate study in business are given an aptitude test.Scores are normally distributed with a mean of 460 and standard deviation of 80.What fraction of applicants would you expect to have scores of 600 or above?

A)0.0401
B)0.4599
C)0.5401
D)0.0852
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46
In Melanie's Styling Salon,the time to complete a simple haircut is normally distributed with a mean of 25 minutes and a standard deviation of 4 minutes.The slowest quartile of customers will require more than how many minutes for a simple haircut?

A)3(n + 1)/4 minutes
B)26 minutes
C)25.7 minutes
D)27.7 minutes
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47
Exam scores were normal in BIO 200.Jason's exam score was one standard deviation above the mean.What percentile is he in?

A)68th
B)75th
C)78th
D)84th
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48
If the random variable Z has a standard normal distribution,then P(Z ≤ − 1.37)is

A)0.9147
B)0.4147
C)0.5016
D)0.0853
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49
A large number of applicants for admission to graduate study in business are given an aptitude test.Scores are normally distributed with a mean of 460 and standard deviation of 80.What fraction of the applicants would you expect to have a score of 400 or above?

A)0.2734
B)0.7734
C)0.7266
D)0.7500
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50
The time required for a citizen to complete the 2010 U.S.Census "long" form is normally distributed with a mean of 40 minutes and a standard deviation of 10 minutes.What proportion of the citizens will require less than one hour?

A)0.4772
B)0.9772
C)0.9974
D)0.9997
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51
A student's grade on an examination was transformed to a z value of 0.67.Assuming a normal distribution,we know that she scored approximately in the top

A)15 percent.
B)50 percent.
C)40 percent.
D)25 percent.
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52
In Melanie's Styling Salon,the time to complete a simple haircut is normally distributed with a mean of 25 minutes and a standard deviation of 4 minutes.For a simple haircut,the middle 90 percent of the customers will require

A)between 18.4 and 31.6 minutes.
B)between 19.9 and 30.1 minutes.
C)between 20.0 and 30.0 minutes.
D)between 17.2 and 32.8 minutes.
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53
The time required for a citizen to complete the 2010 U.S.Census "long" form is normally distributed with a mean of 40 minutes and a standard deviation of 10 minutes.What is the third quartile (in minutes)for the time required to complete the form?

A)44.75
B)46.75
C)47.50
D)52.50
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54
Assume that X is normally distributed with a mean μ = $64.Given that P(X ≥ $75)= 0.2981,we can calculate that the standard deviation of X is approximately

A)$20.76
B)$13.17
C)$5.83
D)$7.05
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55
The probability is 0.80 that a standard normal random variable is between −z and +z.The value of z is approximately

A)1.28
B)1.35
C)1.96
D)1.45
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56
If the random variable Z has a standard normal distribution,then P(1.25 ≤ Z ≤ 2.17)is

A)0.0906
B)0.9200
C)0.4700
D)0.3944
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57
A large number of applicants for admission to graduate study in business are given an aptitude test.Scores are normally distributed with a mean of 460 and standard deviation of 80.The top 2.5 percent of the applicants would have a score of at least (choose the nearest integer)

A)606
B)617
C)600
D)646
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58
The lengths of brook trout caught in a certain Colorado stream are normally distributed with a mean of 14 inches and a standard deviation of 3 inches.What lower limit should the State Game Commission set on length if it is desired that 80 percent of the catch may be kept by fishers?

A)12.80 inches
B)11.48 inches
C)12.00 inches
D)9.22 inches
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59
The area under the normal curve between z = 0 and z = 1 is ________ the area under the normal curve between z = 1 and z = 2.

A)less than
B)greater than
C)equal to
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60
The price-earnings ratio for firms in a given industry follows the normal distribution.In this industry,a firm whose price-earnings ratio has a standardized value of z = 1.00 is approximately in the highest ________ percent of firms in the industry.

A)16 percent
B)34 percent
C)68 percent
D)75 percent
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61
The standard deviation of a normal random variable X is $20.Given that P(X ≤ $10)= 0.1841 we can determine that the mean of the distribution is equal to

A)$13
B)$26
C)$20
D)$28
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62
A certain assembly line at Vexing Manufacturing Company averages 30 minutes between breakdowns.The median time between breakdowns is

A)30.0 minutes.
B)35.7 minutes.
C)25.4 minutes.
D)20.8 minutes.
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63
On average,a major earthquake (Richter scale 6.0 or above)occurs 3 times a decade in a certain California county.What is the probability that less than six months will pass before the next earthquake?

A)0.1393
B)0.8607
C)0.0952
D)0.9048
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64
Regarding continuous probability distributions,which statement is correct?

A)The exponential distribution may be skewed left or right.
B)The uniform distribution is never skewed.
C)The normal distribution is sometimes skewed.
D)The standard normal distribution is platykurtic.
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65
On the last exam in FIN 417,"Capital Budgeting Strategies" Bob's z-score was −1.15.Bob said,"Yipe! My score is within the bottom quartile." Assuming a normal distribution,is Bob right?

A)Yes
B)No
C)Must know the class size to answer
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66
Compared to the area between z = 0.50 and z = 0.75,the area between z = 1.50 and z = 1.75 in the standard normal distribution will be

A)smaller
B)larger
C)the same
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67
Which probability model is most appropriate to describe the waiting time (working days)until an office photocopier breaks down (i.e. ,requires unscheduled maintenance)?

A)Normal
B)Uniform
C)Exponential
D)Poisson
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68
The variable in a normal distribution can assume any value between

A)−3 and +3
B)−4 and +4
C)−1 and +1
D)−∞ and +∞
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69
If the mean time between in-flight aircraft engine shutdowns is 12,500 operating hours,the 90th percentile of waiting times to the next shutdown will be

A)20,180 hours.
B)28,782 hours.
C)23,733 hours.
D)18,724 hours.
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70
Exam scores were normal in MIS 200.Jason's exam score was 1.41 standard deviations above the mean.What percentile is he in?

A)68th
B)75th
C)84th
D)92nd
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71
The area under the normal curve between the 20th and 70th percentiles is equal to

A)0.7000
B)0.5000
C)0.9193
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72
To convert a normally distributed variable X into a standard Z score we would

A)subtract the mean from the original observation and divide the result by the variance.
B)subtract the mean from the original observation and divide the result by the standard deviation.
C)add the mean and the original observation,then divide by the variance.
D)subtract the mean from the standard deviation and divide by the variance.
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73
On average,15 minutes elapse between discoveries of fraudulent corporate tax returns in a certain IRS office.What is the probability that less than 30 minutes will elapse before the next fraudulent corporate tax return is discovered?

A)0.1353
B)0.6044
C)0.7389
D)0.8647
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74
What are the mean and standard deviation for the standard normal distribution?

A)μ = 0,σ = 0
B)μ = 1,σ = 1
C)μ = 1,σ = 0
D)μ = 0,σ = 1
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75
A certain assembly line at Vexing Manufacturing Company averages 30 minutes between breakdowns.What is the probability that less than 6 minutes will elapse before the next breakdown?

A)0.8187
B)0.0488
C)0.1813
D)0.2224
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76
If the mean time between unscheduled maintenance of LCD displays in a hospital's CT scan facility is 4,000 operating hours,what is the probability of unscheduled maintenance in the next 5,000 hours?

A)0.8000
B)0.7135
C)0.2865
D)0.5000
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77
Which model best describes your waiting time until you get the next nonworking web URL ("This page cannot be displayed")as you click on various websites for Florida condo rentals?

A)Standard normal
B)Uniform
C)Normal
D)Exponential
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78
The random variable X is normally distributed with mean of 80 and variance of 36.The 67th percentile of the distribution is

A)72.00
B)95.84
C)90.00
D)82.64
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79
Light bulbs are normally distributed with an average lifetime of 1000 hours and a standard deviation of 250 hours.The probability that a light bulb picked at random will last less than 1500 hours is about

A)97.72 percent.
B)95.44 percent.
C)75.00 percent.
D)68.00 percent.
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80
Any two normal curves are the same except for their

A)standard deviations.
B)means.
C)standard deviations and means.
D)standard deviations,means,skewness,and kurtosis.
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