Tire pressure monitoring systems (TPMS) warn the driver when the tire pressure of the vehicle is 26% below the target pressure. Suppose the target tire pressure of a certain car is 30 psi (pounds per square inch.) (a) At what psi will the TPMS trigger a warning for this car? (Round your answer to 2 decimal place.) When the tire pressure is below 22.20 v psi. (b) Suppose tire pressure is a normally distributed random variable with a standard deviation equal to 2 psi. If the car's average tire pressure is on target, what is the probability that the TPMS will trigger a warning? (Round your answer to 4 decimal places.) Probability (c) The manufacturer's recommended correct inflation range is 28 psi to 32 psi. Assume the tires' average psi is on target. If a tire on the car is inspected at random, what is the probability that the tire's inflation is within the recommended range? (Round your intermediate calculations and final answer to 4 decimal places.)
Addition Rule of Probability
It simply refers to the likelihood of an event taking place whenever the occurrence of an event is uncertain. The probability of a single event can be calculated by dividing the number of successful trials of that event by the total number of trials.
Expected Value
When a large number of trials are performed for any random variable ‘X’, the predicted result is most likely the mean of all the outcomes for the random variable and it is known as expected value also known as expectation. The expected value, also known as the expectation, is denoted by: E(X).
Probability Distributions
Understanding probability is necessary to know the probability distributions. In statistics, probability is how the uncertainty of an event is measured. This event can be anything. The most common examples include tossing a coin, rolling a die, or choosing a card. Each of these events has multiple possibilities. Every such possibility is measured with the help of probability. To be more precise, the probability is used for calculating the occurrence of events that may or may not happen. Probability does not give sure results. Unless the probability of any event is 1, the different outcomes may or may not happen in real life, regardless of how less or how more their probability is.
Basic Probability
The simple definition of probability it is a chance of the occurrence of an event. It is defined in numerical form and the probability value is between 0 to 1. The probability value 0 indicates that there is no chance of that event occurring and the probability value 1 indicates that the event will occur. Sum of the probability value must be 1. The probability value is never a negative number. If it happens, then recheck the calculation.
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