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8. The mean value of annual imports for a country is normally distributed with mean u=$30 million and standard deviation - $16 million. (a) What dollar value of imports is exceeded only 5% of the time? (b) What fraction of years have import values between 29 and 45 million?

8. The mean value of annual imports for a country is normally distributed with mean u=$30 million and standard deviation - $16 million. (a) What dollar value of imports is exceeded only 5% of the time? (b) What fraction of years have import values between 29 and 45 million?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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a move during the next year, given that they have been in the house for five years? (d) What is the probability of a move during the next year, given that they have been in the house for eight years? 8. The mean value of annual imports for a country is normally distributed with mean u=$30 million and standard deviation o= $16 million. (a) What dollar value of imports is exceeded only 5% of the time? (b) What fraction of years have import values between 29 and 45 million? 9. The number of customers at a bank each day is found to be normally distributed with mean = 250 and standard deviation o= have less than 100 customers? (b) More than 320? (c) What number of customers 110. (a) What fraction of days will will be exceeded 10% of the time? The upor for y
Transcribed Image Text:a move during the next year, given that they have been in the house for five years? (d) What is the probability of a move during the next year, given that they have been in the house for eight years? 8. The mean value of annual imports for a country is normally distributed with mean u=$30 million and standard deviation o= $16 million. (a) What dollar value of imports is exceeded only 5% of the time? (b) What fraction of years have import values between 29 and 45 million? 9. The number of customers at a bank each day is found to be normally distributed with mean = 250 and standard deviation o= have less than 100 customers? (b) More than 320? (c) What number of customers 110. (a) What fraction of days will will be exceeded 10% of the time? The upor for y
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GivenMean(μ)=30standard deviation(σ)=16

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