Introduction to Business Statistics
Introduction to Business Statistics
7th Edition
ISBN: 9781111792374
Author: WEIERS
Publisher: Cengage Learning
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Chapter 8.3, Problem 8.9E

For a random variable that is normally distributed, with μ = 80  and  σ =10 , determine the probability that a simple random sample of 25 items will have a mean that is
a. greater than 78.
b. between 79 and 85.
c. less than 85.

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a =1500, b=1700 what is percentage of a is b
A 12-inch bar that is clamped at both ends is to be subjected to an increasing amount of stress until it snaps. Let Y = the distance from the left end at which the break occurs. Suppose Y has the following pdf. f(y) = { (a) Compute the cdf of Y. F(y) = 0 0 y -옴) 0 ≤ y ≤ 12 1- 12 y 12 Graph the cdf of Y. F(y) 1.0 0.8 0.6 0.4 0.2 y 2 6 8 10 12 F(y) F(y) F(y) 1.01 1.0ㅏ 1.0 0.8 0.6 0.4 0.2 0.8 0.8 0.6 0.4 ཨཱུ སྦེ 0.6 0.4 0.2 2 4 6 8 10 12 (b) Compute P(Y ≤ 5), P(Y > 6), and P(5 ≤ y ≤ 6). (Round your answers to three decimal places.) P(Y ≤ 5) = P(Y > 6) = P(5 ≤ y ≤ 6) = (c) Compute E(Y), E(y²), and V(Y). E(Y) = in E(Y2) v(x) = in 2 2 2 4 6 8 10 12 y 2 4 6 8 10 12
A restaurant serves three fixed-price dinners costing $12, $15, and $20. For a randomly selected couple dining at this restaurant, let X = the cost of the man's dinner and Y = the cost of the woman's dinner. The joint pmf of X and Y is given in the following table. p(x, y) 15 y 12 20 12 0.05 0.10 0.35 x 15 0.00 0.20 0.10 20 0.05 0.05 0.10 (a) Compute the marginal pmf of X. x 12 Px(x) Compute the marginal pmf of Y. y Pyly) 12 15 20 15 20 (b) What is the probability that the man's and the woman's dinner cost at most $15 each? (c) Are X and Y independent? Justify your answer. X and Y are independent because P(x, y) = Px(x) · Py(y). X and Y are not independent because P(x, y) =Px(x) · Pyly). X and Y are not independent because P(x, y) * Px(x) · Py(y). X and Y are independent because P(x, y) * Px(x) · Py(y). (d) What is the expected total cost, in dollars, of the dinner for the two people? $ (e) Suppose that when a couple opens fortune cookies at the conclusion of the meal, they find the…

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