Question

In: Statistics and Probability

Where ranges are given as choices, pick the correct range. For example, if you calculate a...

Where ranges are given as choices, pick the correct range. For example, if you calculate a probability to be 0.27, you would pick 0.2-0.3. If your answer is 0.79, your choice would be 0.7-0.8, and so on. The random variable Z has a standard normal distribution.

4) Compute the probability that Z is between -1.2 and 0.7 .
0-0.1
0.1-0.2
0.2-0.3
0.3-0.4
0.4-0.5
0.5-0.6
0.6-0.7
0.7-0.8
0.8-0.9
0.9-1

5) Compute the probability that |Z| >1.5.
0-0.1
0.1-0.2
0.2-0.3
0.3-0.4
0.4-0.5
0.5-0.6
0.6-0.7
0.7-0.8
0.8-0.9
0.9-1


Solutions

Expert Solution

Answer:

Given that,

Where ranges are given as choices, pick the correct range. For example, if you calculate a probability to be 0.27, you would pick 0.2-0.3.

If your answer is 0.79, your choice would be 0.7-0.8, and so on. The random variable Z has a standard normal distribution.

(4)

Compute the probability that Z is between -1.2 and 0.7:

To find P(a Z b) = F(b) - F(a)

P(X < -1.2) = (-1.2-0)/1

= -1.2/1 = -1.2

= P ( Z <-1.2) [From Standard Normal Table]

= 0.11507

P(X < 0.7) = (0.7-0)/1

= 0.7/1 = 0.7

= P ( Z <0.7) [From Standard Normal Table]

= 0.75804

P(-1.2 < X < 0.7) = 0.75804-0.11507 = 0.643

RANGE: 0.6-0.7

(5).

Compute the probability that |Z| >1.5:

P(|Z|>1.5)=1-P(|Z|<1.5)

=P(-1.5<Z<1.5)

=P(Z<1.5)-P(Z<-1.5)

=0.9332-0.0668 [From Standard Normal Table]

Therefore, P(|Z| <1.5)=0.8664

So,

P(|Z| >1.5)=1-0.8664

=0.1336

Hence,

Range will be 0.1-0.2


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