Question

In: Statistics and Probability

Assume that past 100 years of data revealed that 20 tornadoes occurred in a county. Further...

Assume that past 100 years of data revealed that 20 tornadoes occurred in a county. Further assume that the wind speed due to tornadoes can be modeled by a normal random variable with a mean of 130 mph and a standard deviation of 13 mph.

(a) Calculate the probability that there will be at least two tornadoes next year?

(b) Suppose a building in the county is designed for wind speed of 150 mph. Calculate the probability that the building will be damaged during such a tornado?

(c) What is the probability that the building in part (b) will be damaged by tornado next year?

Solutions

Expert Solution

a) The probability that there will be at least two tornadoes next year is computed here as:

= 1 - Probability that there would be 0 or 1 tornado in the next year

Therefore 0.0175 is the required probability here.

b) The probability that the building will be damaged is computed here as:
P(X > 150) where X is the random variable representing the wind speed here.

Converting it to a standard normal variable, we have here:

Getting it from the standard normal tables, we have here:

Therefore 0.0620 is the required probability here.

c) The probability that the building in part b) will be damaged by a tornado next year is computed here as:
= 1 - Probability that it wont be damaged

= 1 - P(N = 0) - P(N = 1)*0.0620 - P(N = 1)*0.06202 - ..... Infinity

The part of the above equation after 1 is a sum of a poisson distribution with parameter 0.0620*0.2.

Therefore 0.1711 is the required probability here.


Related Solutions

Suppose a survey revealed that 20% of 481 respondents said they had in the past sold...
Suppose a survey revealed that 20% of 481 respondents said they had in the past sold unwanted gifts over the Internet. (a) Use the information to construct a 90% confidence interval for the population proportion who sold unwanted gifts over the Internet, rounding your margin of error to the nearest hundredth. (Round your answers to two decimal places.) ( , ) (b) Use the information to construct a 98% confidence interval for the population proportion who sold unwanted gifts over...
Collect and plot data for the past 20 years on the following variables characterising the Australian...
Collect and plot data for the past 20 years on the following variables characterising the Australian economy: GDP growth rates, Inflation and Unemployment Note: Please do not copy-paste graphs from online sources. You need to collect and graph your data using Excel or similar software. Reserve Bank of Australia’s website www.rba.gov.au is a good place for collecting these data series.
Suppose a distribution has a mean of 100 and a standard deviation of 20. Further suppose...
Suppose a distribution has a mean of 100 and a standard deviation of 20. Further suppose that random samples of size n = 100 are taken with replacement from this distribution. The mean of the sampling distribution of sample means is mu subscript x with bar on top end subscript = and the standard deviation of the sampling distribution of sample means is sigma subscript top enclose x end subscript = .
Assume you have developed a business over the past 20 years. You want to determine its...
Assume you have developed a business over the past 20 years. You want to determine its worth if you sell it. The value of the property is $2 million and is paid off (no debt). Over the next 10 years, you expect to sell $200,000 worth of widgets per year, increasing at $20,000 worth of widgets each year.   Your costs are $120,000 per year, increasing at $10,000 per year. However, at year 5 you must spend $2,000,000 to upgrade equipment...
The annual revenues collected in each of the past ten years for the Orange County Solid...
The annual revenues collected in each of the past ten years for the Orange County Solid Waste Division are provided below. If the revenue total for 2014 is $42,843,901, which revenue projection method (SMA, TMA, or regression) is the most accurate in this case? Use APE to justify your answer. Use the last three years of revenues for moving averages and all years for regression Year Revenue 2005 33,120,989 2006 36,979,392 2007 36,390,302 2008 35,678,632 2009 37,986,901 2010 39,697,702 2011...
Search for an outbreak that has occurred anywhere in the world in the last 100 years....
Search for an outbreak that has occurred anywhere in the world in the last 100 years. This will be your topic for discussion for the session, so make sure it is a topic you find interesting! For Week 1, discuss what types of common surveillance and background epidemiology are known about your disease. Here is an example. There are some of the basics you would consider if discussing the Ebola virus outbreak: How many people have it worldwide? How many...
The past twenty years have seen advancements in technology that were critical to further understanding concepts...
The past twenty years have seen advancements in technology that were critical to further understanding concepts in cognitive psychology. Two such developments are positron emission tomography (PET) and magnetic resonance imaging (MRI) scans. These scans allow researchers to “see” the brain in action. How do the research tools (equipment and methodology) available today contribute to a greater understanding of “conscious processes and immediate experience” than was possible using trained introspection and structuralism?
1. Assume that your data comes from a Normal distribution. Further assume that the distribution has...
1. Assume that your data comes from a Normal distribution. Further assume that the distribution has pop-ulation mean μ equal to your sample mean ̄x and population standard deviationσequal to your samplestandard deviations. Draw the graph of the Normal distribution described, labeling the mean and the tickmarks at standard deviation units. 2. We were sampling from the distribution of rainfall in a particular month. Assuming this distribution is Normal, find the proportion of years in which rainfall in the selected...
 Over the past 6​ years, Elk County Telephone has paid the dividends shown in the following​...
 Over the past 6​ years, Elk County Telephone has paid the dividends shown in the following​ table. he​ firm's dividend per share in 2020 is expected to be $1.27 2019 $1.22 2018 $1.17 2017 $1.12 2016 $1.08 2015 $1.04 2014 $1.00 a.  If you can earn 11​% on​ similar-risk investments, what is the most you would be willing to pay per share in 2019​, just after the $1.22 dividend? b.  If you can earn only 8% on​ similar-risk investments, what...
A distribution of scores in Sociology 100 for the past five years has a mean of...
A distribution of scores in Sociology 100 for the past five years has a mean of 75 and a standard deviation of 20. What scores represent the middle 75% of the distribution?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT