Concept explainers
The amount of fill in a half-liter (500 ml) soft drink bottle is
a.
Find the mean, so that the probability that a half-liter bottle will not be underfilled is 95%.
Answer to Problem 92CE
Themean, so that the probability that a half-liter bottle will not be underfilled is 95%is 508.225 ml.
Explanation of Solution
Calculation:
The filling of a half-liter or 500 ml bottle of soft drink has a normal distribution with an adjustable mean and a standard deviation of 5 ml.
Normal distribution:
A continuous random variable X is said to follow normal distribution if the probability density function of X is,
Standard normal distribution:
A continuous random variable Z is said to follow standard normal distribution if the probability density function of X is,
The z-score:
The z-score for a variable X with mean
Denote X as the amount of fill in the half-liter bottle. Here,
There must be a 95% chance that the half-liter bottle will not be underfilled. This implies that
Now,
Variable value:
Software procedure:
Step-by-step software procedure to obtain variable value using EXCEL is as follows:
- • Open an EXCEL file.
- • In cell G1, enter the formula “=NORM.S.INV(0.05)”.
- Output using EXCEL software is given below:
Thus,
Hence, themean, so that the probability that a half-liter bottle will not be underfilled is 95% is 508.225 ml.
b.
Find the mean, so that the probability that a half-liter bottle will not be underfilled is 99%.
Answer to Problem 92CE
Themean, so that the probability that a half-liter bottle will not be underfilled is 99% is 511.63 ml.
Explanation of Solution
Calculation:
There must be a 99% chance that the half-liter bottle will not be underfilled. This implies that
Now,
Variable value:
Software procedure:
Step-by-step software procedure to obtain variable value using EXCEL is as follows:
- • Open an EXCEL file.
- • In cell G1, enter the formula “=NORM.S.INV(0.01)”.
- Output using EXCEL software is given below:
Thus,
Thus, the mean, so that the probability that a half-liter bottle will not be underfilled is 99% is 511.63 ml.
c.
Find the mean, so that the probability that a half-liter bottle will not be underfilled is 99.9%.
Answer to Problem 92CE
Themean, so that the probability that a half-liter bottle will not be underfilled is 99.9% is 515.45 ml.
Explanation of Solution
Calculation:
There must be a 99.9% chance that the half-liter bottle will not be underfilled. This implies that
Now,
Variable value:
Software procedure:
Step-by-step software procedure to obtain variable value using EXCEL is as follows:
- • Open an EXCEL file.
- • In cell G1, enter the formula “=NORM.S.INV(0.001)”.
- Output using EXCEL software is given below:
Thus,
Thus, the mean, so that the probability that a half-liter bottle will not be underfilled is 99.9%is 515.45 ml.
Want to see more full solutions like this?
Chapter 7 Solutions
Applied Statistics in Business and Economics
- 19. Let X be a non-negative random variable. Show that lim nE (IX >n)) = 0. E lim (x)-0. = >arrow_forward(c) Utilize Fubini's Theorem to demonstrate that E(X)= = (1- F(x))dx.arrow_forward(c) Describe the positive and negative parts of a random variable. How is the integral defined for a general random variable using these components?arrow_forward
- 26. (a) Provide an example where X, X but E(X,) does not converge to E(X).arrow_forward(b) Demonstrate that if X and Y are independent, then it follows that E(XY) E(X)E(Y);arrow_forward(d) Under what conditions do we say that a random variable X is integrable, specifically when (i) X is a non-negative random variable and (ii) when X is a general random variable?arrow_forward
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill