(b) Last century, the annual income of farmers in a country are normally dis- tributed with mean of 500$ and standard deviation of 200$. i) Calculate the probability that a randomly selected farmer's income is between 500$ and 520$. ii) If the probability that the annual income of farmers in this county is within (500-a , 500+a) is not less than 0.95, how much at least a is? iii) Caleulate the probability that the sum of 25 randomly selected farmers' income will be more than 13,500$.
(b) Last century, the annual income of farmers in a country are normally dis- tributed with mean of 500$ and standard deviation of 200$. i) Calculate the probability that a randomly selected farmer's income is between 500$ and 520$. ii) If the probability that the annual income of farmers in this county is within (500-a , 500+a) is not less than 0.95, how much at least a is? iii) Caleulate the probability that the sum of 25 randomly selected farmers' income will be more than 13,500$.
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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