Question

In: Statistics and Probability

THE BOLDED LETTER AND NUMBER IS THE GIVEN ANSWER. ONE OF THE BOLDED ANSWERS ARE INCORRECT,...

THE BOLDED LETTER AND NUMBER IS THE GIVEN ANSWER. ONE OF THE BOLDED ANSWERS ARE INCORRECT, WHICH ONE IS INCORRECT AND WHAT IS THE CORRECT ANSWER?

Your company manufactures hot water heaters. The life spans of your product are known to be normally distributed with a mean of 13 years and a standard deviation of 1.5 years. You want to set the warranty on your product so that you do not have to replace more than 5% of the hot water heaters that you sell. How many years should you claim on your warranty?

a.

13.09

b.

10.53

c.

12.91

d.

15.47

e.

22.88

In a highway construction zone with a posted speed limit of 40 miles per hour, the speeds of all vehicles are normally distributed with a mean of 46 mph and a standard deviation of 3 mph. Find the probability that the speed of a random car traveling through this construction zone is more than 45 mph.

a.

0.6306

b.

0.1258

c.

0.4172

d.

0.3694

e.

0.5828

The delivery times for all food orders at a fast-food restaurant during the lunch hour are normally distributed with a mean of 6.7 minutes and a standard deviation of 2.1 minutes. Find the probability that the delivery time for a random order at this restaurant is between 7 and 8 minutes.

a.

0.7851

b.

0.8247

c.

0.2150

d.

0.1880

e.

0.1753

The average number of pounds of red meat a person consumes each year is 196 with a standard deviation of 22 pounds (Source: American Dietetic Association). This distribution is approximately bell-shaped and symmetric. If an individual is randomly selected, find the probability that the number of pounds of red meat they consume each year will be less than 200 pounds.

a.

0.0721

b.

0.4279

c.

0.0014

d.

0.9986

e.

0.5721

The pucks used by the National Hockey League for ice hockey must weigh between 5.5 and 6.0 ounces. Suppose the weights of pucks produced at a factory are normally distributed with a mean of 5.75 ounces and a standard deviation of 0.11 ounces. What percentage of pucks produced at this factory cannot be used by the National Hockey League?

a.

0.3321

b.

0.6679

c.

0.0230

d.

0.9770

e.

0.2741

  1. The distribution of scores on a statistics final exam is approximately normal with a mean of 62 and a standard deviation 11. Find the z-score for a score of 77 on the statistics final exam.

a.

71.36

b.

0.66

c.

-0.66

d.

1.36

e.

-1.36

Solutions

Expert Solution

Solution:-

Given that,

1) mean = = 13

standard deviation = =1.5

5% = 0.05

P(Z > z ) = 0.05

1- P(z < z) =0.05

P(z < z) = 1-0.05 = 0.95

z = 1.645

Using z-score formula,

x = z * +

x =1.645*1.5+13

x = 15.47 years

d) Answer = 15.47

2)

mean = = 46

standard deviation = = 3

P(x >45) = 1 - p( x< 45)

=1- p [(x - ) / < (45 - 46) / 3]

=1- P(z < -0.33)

= 1 - 0.3707 = 0.6306

probability = 0.6306

Answer =a ) 0.6306

3)

mean = = 6.7

standard deviation = = 2.1

P( 7< x < 8) = P[(7 - 6.7)/2.1 ) < (x - ) /  < (8 -6.7) /2.1 ) ]

= P( 0.14< z < 0.62)

= P(z <0.62 ) - P(z <0.14 )

Using standard normal table

= 0.7324 - 0.5557 = 0.1753

Probability = 0.1753

Answer = e) 0.1753

4)

mean = = 196

standard deviation = =22

P(x <200 ) = P[(x - ) / < (200 -196) /22 ]

= P(z < 0.182)

= 0.5721

probability =0.5721

Answer = e) 0.5721

5)

mean = = 5.75

standard deviation = = 0.11

P( 5.5< x < 6.0 ) = P[(5.5 - 5.75)/ 0.11) < (x - ) /  < (6.0 -5.75) /0.11 ) ]

= P( -2.27< z < 2.27 )

= P(z < 2.27 ) - P(z < 2.27 )

Using standard normal table

= 0.9884 - 0.0116 = 0.9770

Probability = 0.9770

Answer = d) 0.9770

6)

mean = = 62

standard deviation = = 11

x = 77

z score = x - u /

= 77 -62 / 11

= 1.36

Answer = d) 1.36


Related Solutions

Please give answers labeled with the corresponding number/letter. Such as 1. The answer, A. The answer,...
Please give answers labeled with the corresponding number/letter. Such as 1. The answer, A. The answer, B. The answer and so on. Thank you for the help!! Chapter 5 also introduces the strategic implications of various "Industry Life-Cycles". Please address the following questions with ORIGINAL thought (not from the book... not from a classmate [current or previous] ... not from the internet... ) 1. Can you give an example of a firm that benefited from being a “first mover” in...
Developing a Master Budget- Please answer the bottom bolded "ANSWERS" at the bottom. for a Merchandising...
Developing a Master Budget- Please answer the bottom bolded "ANSWERS" at the bottom. for a Merchandising Organization Peyton Department Store prepares budgets quarterly. The following information is available for use in planning the second quarter budgets for 2010. PEYTON DEPARTMENT STORE Balance Sheet March 31, 2010 Assets Liabilities and Stockholders' Equity Cash $2,000 Accounts payable $26,000 Accounts receivable 25,000 Dividends payable 17,000 Inventory 30,000 Rent payable 1,000 Prepaid Insurance 2,000 Stockholders' equity 40,000 Fixtures 25,000 Total assets $84,000 Total liabilities...
Correct any answers that have the incorrect number of significant figures.
Correct any answers that have the incorrect number of significant figures.       (a) (908.4 - 3.4) / 3.52 x 10⁴ = 0.026       (b) (1206.7 - 0.904) x 89 = 1.07 x 10⁵       (c) (876.90 + 98.1) / 56.998 = 17.11       (d) (4.55 / 407859) + 1.00098 = 1.00210
The correct answers are already bolded, but please show your work/explain how you get the answer....
The correct answers are already bolded, but please show your work/explain how you get the answer. 1. Rick can cut 6 pieces of wood or catch 6 fish per day. Timmy can cut 9 pieces of wood or catch 18 fish per day. Which one of the following points is not on the Timmy’s production possibility frontier fish is on the horizontal axis and pieces of wood is on the vertical axis? a. (0, 9) b. (18, 0) c. (8,...
Answer all the listed questions. Provided reasoning for correct answer. Provide reasoning for incorrect answers as...
Answer all the listed questions. Provided reasoning for correct answer. Provide reasoning for incorrect answers as well. 19) Which of the following is not generally associated with oxidative DNA damage? a) build-up of wastes such as reactive oxygen species b) Cross-linked complementary strands c) Intrastrand crosslinks d) Free radicals -------------------------------------- 20) Normal error correction of misincorporated bases carried out by DNA polymerase is called__. a) Proofreading b) Homologous recombination c) Nucleotide excision d) base excision
Please answer all the questions with the question number and the correct answer (letter) next to...
Please answer all the questions with the question number and the correct answer (letter) next to it :) 27-Some of the best ways to learn about small business include: A Learn from successful entrepreneurs in the field. B College classes on small business. C Working in the field either in as an intern or employee. D All of the above. 28- By becoming certified as a welder, a manager can go a long way toward acquiring the _________ skills managers...
For the following 6 questions, select one of the answers from below and place the letter...
For the following 6 questions, select one of the answers from below and place the letter in the blank next to the question.       -       A.       B.       C.       D.       E.       F.    This method uses text as the data.       -       A.       B.       C.       D.       E.       F.    This method uses multiple sources of...
Match the following. Place letter answer in space provided at left. Answers may be used more...
Match the following. Place letter answer in space provided at left. Answers may be used more than once or not at all A second messenger ADH chemical needed to convert glucose to ATP Antagonistic chemicals that exert effects on the same cells that secrete them autocrines Effect of an increase in one hormone causing a decrease in another Calcitonin Effect of an increase in one hormone causing an increase in another Corpus luteum Effect where hormones are released via nerve...
Answer all of these questions with the right question number next to the correct choice (letter)....
Answer all of these questions with the right question number next to the correct choice (letter). 11) You are the CEO of Cute Pups Company, which makes blue jeans for dogs. Sales of your products are taking off so you decide to go public. However, without an MBA, you have no clue how to price and distribute your stock. You would probably hire the services of a(n): Investment banking house Savings and loan Commercial bank Mutual fund 12) The SEC...
Answer all of these questions with the right question number next to the correct choice (letter)....
Answer all of these questions with the right question number next to the correct choice (letter). Q2) When the government incurs budget deficits and there is a tight labor market (inflation): A)It raises interest rates overall. B)All the listed choices are correct C)It becomes a large competitor in the market for loanable funds against corporations seeking the same funds. D)The higher interest rates tend to choke economic growth. Q4)Stock prices are said to provide a measure of the value of...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT