In each case, determine the value of the constant c that makes the probability statement correct. (Round your answers to two decimal places.)IЛ USE SALT(a) (c)(c) 0.9826(b) P(0 ≤ Z ≤ c) 0.3051(c) P(CZ) = 0.1357(d) P(-c≤ Z ≤ c) = 0.6424(e) P(c≤ ZI) = 0.0128You may need to use the appropriate table in the Appendix of Tables to answer this question.

Steps for Each Part:(a) Input Φ(c)=0.9826 and, find the corresponding z-value.(b) Set up…

Answered: In each case, determine the value of…

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter9: Sequences, Probability And Counting Theory

Section: Chapter Questions

Problem 48RE: For the following exercises, assume two die are rolled. 48. What is the probability that a roll...

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In each case, determine the value of the constant c that makes the probabilitystatement correct.a. Φ(c) = .9838b. P(0 ≤ Z ≤ c) = .291c. P(c ≤ Z) = .121d. P(−c ≤ Z ≤ c) = .668 e.P(c ≤ |Z|) = .016
In each case, determine the value of the constant c that makes the probability statement correct. (Round your answers to two decimal places.) USE SALT (a) (c) = 0.9857 2.189 (b) P(0 ≤Z≤ c) = 0.3133 0.89 (c) P(C ≤ Z) = 0.1335 1.11 You may need to use the appropriate table in the Appendix of Tables to answer this question.
In each case, determine the value of the constant c that makes the probability statement correct. (Round your answers to two decimal places.) A USE SALT (a) (c) - 0.9854 (b) P(O SZ S c) = 0.2939 (c) P(c s Z) -0.1230 (d) P-cs zsc) - 0.6424 (e) Ples IZ) - 0.0128
Determine the value of the constant c that makes the probability statement correct: P(-c ≤ Z≤ c) = .68. Excel Worksheet-1.xlsx Click to open: O .9945 O .4677 O 4125 1.013 ▸
In each case, determine the value of the constant c that makes the probability statement correct. (Round your answers to two decimal places.) n USE SALT (a) (c) = 0.9821 (b) P(0 SZSC) = 0.2881 %3D (c) P(c sZ) = 0.1190 (d) P(-c sz sc) = 0.6424 (e) P(c s |Z|) = 0.0128 You may need to use the appropriate table in the Appendix of Tables to answer this question.
The equation below estimates the effect of race on the probability of mortgage denial, holding constant the payment-to-income ratio. Pr(deny = 1|P/I ratio, black) = 0(-2.21 + 2.73P/I ratio + 0,75black) %3! (0.16) (0.45) (0.085) A black mortgage applicant has a PA ratio of 0.39. What is the predicted probability that his application will be denied? The predicted probability that his application will be denied is 34.64 %. (Express your response as a percentage and round to two decimal places) o Suppose that the applicant reduced this ratio to 0.31. What effect would this have on his predicted probability of being denied a mortgage? The predicted probability of being denied a mortgage would decrease by 7.67 percentage points. (Round your response to two decimal places) ck A white mortgage applicant has a P/I ratio of 0.36. What is the predicted probability that his application will be denied? on The predicted probability that his application wil be denied is%. ory (Express your response…
In each case, determine the value of the constant c that makes the probability statement correct. (Round your answers to two decimal places.) (a) (c) = 0.9830 USE SALT (b) P(0 ≤ Z≤ c) = 0.3051 (c) (d) P(CZ) = 0.1357 P(-c ≤ Z≤ c) = 0.6424 (e) P(c≤ |Z|) = 0.0128 You may need to use the appropriate table in the Appendix of Tables to answer this question.
In each case, determine the value of the constant c that makes the probability statement correct. (Round your answers to two decimal places.) (d) P(−c ≤ Z ≤ c) = 0.6476(e) P(c ≤ |Z|) = 0.0128

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