Stats Assignment 8

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Rutgers University *

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01:960:285

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Statistics

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Jan 9, 2024

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Amaya Lowe Professor Andrew Magyar Intro to Stats for Business 2023 November 12 Find the following probabilities. It may help to sketch the pdf for Standard Normal Distribution and shade in the area corresponding to the probability of interest. 1. Z ~ Norm(0, 1), find Pr(Z ≤ 1.78) a. Pr(Z ≤ 1.78) = Φ(1. 78) = 0. 9625 2. Z ~ Norm(0, 1), find Pr(Z > 1.96) a. Pr(Z > 1.96) = 1 − 𝑃𝑟(𝑍 ≤ 1. 96) = 1 − Φ(1. 96) = 1 − 0. 975 = 0. 025. i. I used the complement rule to solve this because I know that normal distribution is symmetric, so that must mean Pr(Z > 1.96) is the same as ). 1 − 𝑃𝑟(𝑍 ≤ 1. 96 3. Z ~ Norm(0, 1), find Pr(-2.34 ≤ Z < 1.45) a. Pr(-2.34 ≤ Z < 1.45) = Φ(1. 45) − Φ(− 2. 34) = 0. 9265 − 0. 0096 = 0. 9169 i. I was able to find this answer by 4. Z ~ Norm(0, 1), find Pr(Z < -0.67) a. Pr(Z < -0.67) = Φ(− 0. 67) = 0. 2514 i. 5. Z ~ Norm(0, 1), find Pr(Z = 2.3) a. Pr(Z = 2.3) = 0 i. This answer is zero because of the rule for continuous random variables. A random variable will never equal 2.3 exactly. 6. Z ~ Norm(0, 1), find Pr(Z ≥ -2.98)
a. Pr(Z ≥ -2.98) = 0.9986 i. I used the same method as question 2, the Compliment rule: 𝑃𝑟(𝑍 ≥− 2. 98) = 1 − 𝑃𝑟(𝑍 ≤− 2. 98) = 1 − Φ(− 2. 98) = 1 − 0. 0014 = 0. 9986 Do the same for the following below. Note however that they are no longer Standard Normal Distributions. 7. X ~ Norm(266, 162), find Pr(X < 200) a. Pr(X < 200) = 𝑃𝑟( 𝑋−266 16 < 200−266 16 ) = 𝑃𝑟(𝑍 <− 4. 125 = Φ(− 4. 125) = 0 i. To standardize, I subtracted the mean and dividing by the standard error to find the probability. 8. X ~ Norm(-2, 52), find Pr(-4 < X < -3) Pr(-4 < X < -3) = 𝑃𝑟(− 4 < 𝑋𝑋 <− 3) = 𝑃𝑃𝑃𝑃/ −4 5 < (−𝑋)𝑋−(−2) 5 < (−3)−(−2) 5 / = 𝑃𝑃𝑃𝑃 < −2𝑋𝑋−(−2) 5 < −1 5 / = Φ/ −1 5 / − Φ/ −2 5 / = 0. 4207 − 0. 3446 = 0. 0761. i. I did the same thing by standardizing and then taking the difference in the values. Φ 9. X ~ Norm(-2, 52), find Pr(X = -3) a. Pr(X = -3) = 0 i. Just like before, the probability of any continuous variable is always 0. 10. X ~ Norm(64.4, 2.42), find Pr(|X| > 70) a. Pr(|X| > 70) = .009815 i. This probability has to get split up into two and then you must add them together by using the compliment method rule on one and then the standard form on the other.
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