A random variable X has a normal distribution N(3, 16).(1) Find the expected value and standard deviation of X.(2) Letbe the cdf of the standard normal distribution. Find P(X ≤ 5) andP(|X3| ≤8) in terms of .

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Answered: A random Variable x has a norma N(3,…

A First Course in Probability (10th Edition)

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Author:Sheldon Ross

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Chapter1: Combinatorial Analysis

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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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A certain mutual fund invests in both U.S. and foreign markets. Let x a random variable that represents the monthly percentage return for the fund. Assume x has mean u = 1.9% and standard deviation o = 0.3%. (a) The fund has over 175 stocks that combine together to give the overall monthly percentage return x. We can consider the monthly return of the stocks in the fund to be a sample from the population of monthly returns of all world stocks. Then we see that the overall monthly return x for the fund is itself an average return computed using all 175 stocks in the fund. Why would this indicate that x has an approximately normal distribution? Explain. Hint: See the discussion after Theorem 6.2. The random variable -Select-v is a mean of a sample size n = 175. By the -Select- v, the -Select- distribution is approximately normal. (b) After 6 months, what is the probability that thẹ average monthly percentage return x will be between 1% and 2%? Hint: See Theorem 6.1, and assume that x has…
Assume that the amount of weight that male college students gain during their freshman year are normally distributed with a. Mean of u= 1.2 kg and a standard deviation of o= 5.1 kg A. If 1 male college student is randomly selected, Find the probability that he gains between 0 and 3 kg during freshman year B. If 25 male college students are randomly selected find the probability that their mean weight gain during freshman year is between 0 and 3 kg why can the normal distribution be used on pet b even though the sample size does not exceed 30?
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Weights of Lamb after eight weeks after born are normally distributed with mean µ = 14 kg and variance σ 2 = 4. a)Find the probability p that a single lamb has weight less than 12 kg. b) Find the probability that exactly 3 of the next 5 lambs examined will have weights less than 12 kg.
The average wait time to get seated at a popular restaurant in the city on a Friday night is 12 minutes. Is the mean wait time greater for men who wear a tie? Wait times for 13 randomly selected men who were wearing a tie are shown below. Assume that the distribution of the population is normal. 13, 13, 11, 13, 13, 13, 13, 10, 12, 13, 13, 10, 13 What can be concluded at the the αα = 0.05 level of significance level of significance? The null and alternative hypotheses would be: H0 = (p,u) (<,>,=,not equal) to _____ H1 = (p,u) (<,>,=,not equal) to _____ The test statistic (t,z) = ___ The p-value = _____ Thus, the final conclusion is that ... The data suggest that the population mean wait time for men who wear a tie is not significantly more than 12 at αα = 0.05, so there is statistically insignificant evidence to conclude that the population mean wait time for men who wear a tie is more than 12. The data suggest the population mean is not significantly more than 12…
The random variable x has a normal distribution with mean 50 and variance 9. Find the value of x, call it x0, such that: a) P(x ≤ xo) = 0.8413 b) P(x > xo) = 0.025 c) P(x > xo) = 0.95 d) P(41 ≤ x ≤ xo) = 0.8630

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A random Variable x has a norma N(3, 16). (1) Find the expected value and standard deviation of X. (2) Let be the cdf of the standard normal distribution. Find P(X ≤5) P(|X3|<8) in terms of $.