Concept explainers
(a)
(a)

Answer to Problem R6.4RE
Probability that for the randomly selected cap has strength greater than 11 inch − pounds is 0.2033.
Explanation of Solution
Given information:
For Cap strength C :
Cap strength,
Standard deviation,
Calculations:
Calculate the z − score,
Use normal probability table in the appendix, to find the corresponding probability.
See the row that starts with 0.8 and the column that starts with .03 of the standard normal probability table for
Thus,
There are 20.33% chances that the randomly selected cap has strength greater than 11 inch − pounds.
(b)
Whether it is reasonable to assume the cap strength and torque applied by the machine are independent.
(b)

Answer to Problem R6.4RE
Yes, because both cap strength and torque are applied by different machines.
Explanation of Solution
Given information:
T : capping − machine torque
C : cap strength
Calculations:
We know that
T represents the capping − machine torque and C represents the cap strength.
We also know
Both T and C follow
Also,
Both the torque applied and the strength of the caps vary.
Since the cap is applied by a different machine than the torque.
Thus,
It is reasonable is reasonable to assume the cap strength and torque applied by the machine are independent.
(c)
Mean and standard deviation of the random variable D .
(c)

Answer to Problem R6.4RE
For random variable D :
Mean,
Standard deviation,
Explanation of Solution
Given information:
T : capping − machine torque
Such that
Mean,
Standard deviation,
C : cap strength
Such that
Mean,
Standard deviation,
Calculations:
For independent variables X and Y ,
Property mean:
Property variance:
For random variable,
We have
Mean of the variable D ,
Variance of the variable D ,
We also know
The standard deviation is the square root of the variance:
(d)
Probability for the randomly selected cap will break while being fastened by the machine.
(d)

Answer to Problem R6.4RE
Probability that the randomly selected cap will break while being fastened by the machine is 0.0228.
Explanation of Solution
Given information:
From Part (c),
For random variable D :
Mean,
Standard deviation,
Calculations:
Calculate the z − score,
Use table A, to find the corresponding probability.
Thus,
There are 2.28% chances for the randomly selected cap will break while being fastened by the machine and the probability is 0.0228.
Chapter 6 Solutions
PRACTICE OF STATISTICS F/AP EXAM
Additional Math Textbook Solutions
Elementary Statistics
A Problem Solving Approach To Mathematics For Elementary School Teachers (13th Edition)
Intro Stats, Books a la Carte Edition (5th Edition)
Pre-Algebra Student Edition
Elementary Statistics (13th Edition)
Thinking Mathematically (6th Edition)
- For a binary asymmetric channel with Py|X(0|1) = 0.1 and Py|X(1|0) = 0.2; PX(0) = 0.4 isthe probability of a bit of “0” being transmitted. X is the transmitted digit, and Y is the received digit.a. Find the values of Py(0) and Py(1).b. What is the probability that only 0s will be received for a sequence of 10 digits transmitted?c. What is the probability that 8 1s and 2 0s will be received for the same sequence of 10 digits?d. What is the probability that at least 5 0s will be received for the same sequence of 10 digits?arrow_forwardV2 360 Step down + I₁ = I2 10KVA 120V 10KVA 1₂ = 360-120 or 2nd Ratio's V₂ m 120 Ratio= 360 √2 H I2 I, + I2 120arrow_forwardQ2. [20 points] An amplitude X of a Gaussian signal x(t) has a mean value of 2 and an RMS value of √(10), i.e. square root of 10. Determine the PDF of x(t).arrow_forward
- In a network with 12 links, one of the links has failed. The failed link is randomlylocated. An electrical engineer tests the links one by one until the failed link is found.a. What is the probability that the engineer will find the failed link in the first test?b. What is the probability that the engineer will find the failed link in five tests?Note: You should assume that for Part b, the five tests are done consecutively.arrow_forwardProblem 3. Pricing a multi-stock option the Margrabe formula The purpose of this problem is to price a swap option in a 2-stock model, similarly as what we did in the example in the lectures. We consider a two-dimensional Brownian motion given by W₁ = (W(¹), W(2)) on a probability space (Q, F,P). Two stock prices are modeled by the following equations: dX = dY₁ = X₁ (rdt+ rdt+0₁dW!) (²)), Y₁ (rdt+dW+0zdW!"), with Xo xo and Yo =yo. This corresponds to the multi-stock model studied in class, but with notation (X+, Y₁) instead of (S(1), S(2)). Given the model above, the measure P is already the risk-neutral measure (Both stocks have rate of return r). We write σ = 0₁+0%. We consider a swap option, which gives you the right, at time T, to exchange one share of X for one share of Y. That is, the option has payoff F=(Yr-XT). (a) We first assume that r = 0 (for questions (a)-(f)). Write an explicit expression for the process Xt. Reminder before proceeding to question (b): Girsanov's theorem…arrow_forwardProblem 1. Multi-stock model We consider a 2-stock model similar to the one studied in class. Namely, we consider = S(1) S(2) = S(¹) exp (σ1B(1) + (M1 - 0/1 ) S(²) exp (02B(2) + (H₂- M2 where (B(¹) ) +20 and (B(2) ) +≥o are two Brownian motions, with t≥0 Cov (B(¹), B(2)) = p min{t, s}. " The purpose of this problem is to prove that there indeed exists a 2-dimensional Brownian motion (W+)+20 (W(1), W(2))+20 such that = S(1) S(2) = = S(¹) exp (011W(¹) + (μ₁ - 01/1) t) 롱) S(²) exp (021W (1) + 022W(2) + (112 - 03/01/12) t). where σ11, 21, 22 are constants to be determined (as functions of σ1, σ2, p). Hint: The constants will follow the formulas developed in the lectures. (a) To show existence of (Ŵ+), first write the expression for both W. (¹) and W (2) functions of (B(1), B(²)). as (b) Using the formulas obtained in (a), show that the process (WA) is actually a 2- dimensional standard Brownian motion (i.e. show that each component is normal, with mean 0, variance t, and that their…arrow_forward
- The scores of 8 students on the midterm exam and final exam were as follows. Student Midterm Final Anderson 98 89 Bailey 88 74 Cruz 87 97 DeSana 85 79 Erickson 85 94 Francis 83 71 Gray 74 98 Harris 70 91 Find the value of the (Spearman's) rank correlation coefficient test statistic that would be used to test the claim of no correlation between midterm score and final exam score. Round your answer to 3 places after the decimal point, if necessary. Test statistic: rs =arrow_forwardBusiness discussarrow_forwardBusiness discussarrow_forward
- MATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C...StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage Learning
- Elementary Statistics: Picturing the World (7th E...StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman





