Answered: Suppose the time of renting a bicycle…

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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Question

Suppose the time of renting a bicycle for a customer in a bicycle rental shop is normally distributed with mean 200 minutes and standard deviation 100 minutes.

Find the probabilities that the time of renting a bicycle is

(i) less than 90 minutes,

(ii) between 90 minutes and 240 minutes,

(iii) more than 240 minutes.

Features Features Normal distribution is characterized by two parameters, mean (µ) and standard deviation (σ). When graphed, the mean represents the center of the bell curve and the graph is perfectly symmetric about the center. The mean, median, and mode are all equal for a normal distribution. The standard deviation measures the data's spread from the center. The higher the standard deviation, the more the data is spread out and the flatter the bell curve looks. Variance is another commonly used measure of the spread of the distribution and is equal to the square of the standard deviation.

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