In: Statistics and Probability
17#1
a)The wait time (after a scheduled arrival time) in minutes for a train to arrive is Uniformly distributed over the interval [0,12]. You observe the wait time for the next 100100 trains to arrive. Assume wait times are independent.
Part b) What is the approximate probability (to 2 decimal places) that the average of the 100 wait times exceeds 6 minutes?
Part c) Find the probability (to 2 decimal places) that 97 or more of the 100 wait times exceed 11 minute. Please carry answers to at least 6 decimal places in intermediate steps.
Part d) Use the Normal approximation to the Binomial distribution (with continuity correction) to find the probability (to 2 decimal places) that 56 or more of the 100 wait times recorded exceed 55 minutes
For each train we are given here that
Therefore, the mean and standard deviation here are computed as:
Therefore using Central limit theorem for 100 sample size, the distribution of 100 trains mean time is given here as:
Therefore the probability here would be given as:
as normal distribution is symmetric about its mean. Therefore 0.5 is the required probability here.
c) P(X > 11) = 1/12
Therefore the probability that 97 or more than 100 wait time exceeds 11 minutes is computed using the binomial probability distribution here as:
P(Y >= 97) = 1 - P(Y <= 96)
This is computed in EXCEL here as:
=1-binom.dist(96,100,1/12,TRUE)
0 is the required output here.
Therefore 0 is the required probability here.
d) Note that as the waiting time ranges from 0 to 12 minutes, therefore the time cannot exceed 55 minutes for any train here. Therefore 0 is the required probability here.