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Introduction to Business Statistics
Quiz 7: Continuous Probability Distributions
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Question 121
Short Answer
Grades for a statistics exam for a certain class follow the normal probability distribution with a mean of 82 and a standard deviation of 12.What percentage of the students in the class earned a B grade (80-89)?
Question 122
Short Answer
The time it takes a technician to fix a computer problem is exponentially distributed with a mean of 15 minutes.What is the probability that it will take a technician between 10 to 15 minutes to fix a computer problem?
Question 123
Short Answer
If x is a normal random variable with a mean of 100 and a standard deviation of 10,find the following probabilities: A)P(x ≥ 128) B)P(x ≤ 113) C)P(87 ≤ x ≤ 98)
Question 124
Short Answer
If z is a standard normal random variable,find the value z
1
for which: A)P(0 ≤ z ≤ z
1
)= 0 .276 B)P(z ≥ z
1
)= 0.341 C)P(z ≥ z
1
)= 0.819 D)P(-z
1
≤ Z ≤ z
1
)= 0.785
Question 125
Short Answer
The time it takes a technician to fix a computer problem is exponentially distributed with a mean of 15 minutes.What is the variance of the time it takes a technician to fix a computer problem? ____________________ minutes
Question 126
Essay
If a computer statistical package were to simulate 500 random observations from a normal distribution with mean
μ
\mu
μ
= 100 and standard deviation
σ
\text { σ}
σ
= 50,what percentage of these observations would you expect to have a value of 200 or more? Do you think the actual number in the " ≥ 200" range would equal the expected number in this range? If so,why? If not,why not?
Question 127
Short Answer
The binomial distribution is symmetrical whenever the population proportion
π
\pi
π
is ____________________,and approaches symmetry for values that are close to ____________________.
Question 128
Short Answer
In the normal distribution,the right half of the curve is a mirror image of the _________________________,since the distribution is ____________________.
Question 129
Short Answer
Grades for a statistics exam for a certain class follow the normal probability distribution with a mean of 82 and a standard deviation of 12.What percentage of the students in the class had a grade 81 or more?
Question 130
Short Answer
The time it takes a technician to fix a computer problem is exponentially distributed with a mean of 15 minutes.What is the probability that it will take a technician less than 10 minutes to fix a computer problem?