Introduction to Business Statistics
7th Edition
ISBN: 9781111792374
Author: WEIERS
Publisher: Cengage Learning
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Chapter 7.4, Problem 7.43E
To determine
(a)
To find:
The value of the
To determine
(b)
To find:
The probability that x is exactly equal to 12.
To determine
(c)
To find:
The probability that x is exactly equal to 12 using the normal approximation.
To determine
(d)
To find:
The probability that some form of insurance is being covered by at least 10 families.
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Students have asked these similar questions
1 for all k, and set o
(ii) Let X1, X2,
that P(Xkb) =
x > 0.
Xn be independent random variables with mean 0, suppose
=
and
Var Xk. Then, for
0x) ≤2 exp-tx+121
Στ
k=1
Lemma 1.1 Suppose that g is a non-negative, non-decreasing function such that
E g(X) 0. Then,
E g(|X|)
P(|X|> x) ≤
g(x)
Proof of this Theorem
Theorem 1.2 (i) Suppose that P(|X| ≤ b) = 1 for some b > 0, that E X = 0, and
set Var X = o². Then, for 0 0,
P(X > x) ≤ e−1x+1²²,
P(|X|> x) ≤ 2e−x+1² 0²
Chapter 7 Solutions
Introduction to Business Statistics
Ch. 7.1 - What is the difference between a continuous...Ch. 7.1 - What is a probability density function and how is...Ch. 7.1 - Why is the total area beneath a probability...Ch. 7.1 - Prob. 7.4ECh. 7.2 - It has been stated that the nomal distribution is...Ch. 7.2 - Prob. 7.6ECh. 7.2 - Prob. 7.7ECh. 7.2 - Prob. 7.8ECh. 7.2 - Prob. 7.9ECh. 7.2 - The Canada Urban Transit Association has reported...
Ch. 7.2 - Prob. 7.11ECh. 7.2 - In 2009, the average charge for tax preparation by...Ch. 7.2 - It has been reported that the average hotel...Ch. 7.2 - The average American family of four spends $5000...Ch. 7.2 - Prob. 7.15ECh. 7.3 - The normal distribution is really a family of...Ch. 7.3 - In the standard normal distribution, approximately...Ch. 7.3 - A Continuous random variable, x, is normally...Ch. 7.3 - Prob. 7.19ECh. 7.3 - Prob. 7.20ECh. 7.3 - Prob. 7.21ECh. 7.3 - Prob. 7.22ECh. 7.3 - Prob. 7.23ECh. 7.3 - Prob. 7.24ECh. 7.3 - Prob. 7.25ECh. 7.3 - Prob. 7.26ECh. 7.3 - For the normal distribution described in Exercise...Ch. 7.3 - Prob. 7.28ECh. 7.3 - For the normal distribution described in Exercise...Ch. 7.3 - For the normal distribution described in Exercise...Ch. 7.3 - For the normal distribution described in Exercise...Ch. 7.3 - Prob. 7.32ECh. 7.3 - It has been reported that households in the West...Ch. 7.3 - Andre is a fearless circus performer who gets shot...Ch. 7.3 - Drying times for newly painted microwave oven...Ch. 7.3 - KleerCo supplies an under-hood, emissionscontrol...Ch. 7.3 - Prob. 7.37ECh. 7.3 - Prob. 7.38ECh. 7.4 - What is the correction for continuity and why is...Ch. 7.4 - Under what circumstances is it permissible to use...Ch. 7.4 - In a certain binomial distribution, =0.25 and n=40...Ch. 7.4 - In a certain binomial distribution, =0.30 and n=20...Ch. 7.4 - Prob. 7.43ECh. 7.4 - Prob. 7.44ECh. 7.4 - Prob. 7.45ECh. 7.4 - Prob. 7.46ECh. 7.4 - Prob. 7.47ECh. 7.4 - Repeat Exercise 7.46, but without using the...Ch. 7.5 - What is the relationship between the Poisson...Ch. 7.5 - Every day, drivers arrive at a tollbooth. If the...Ch. 7.5 - The main switchboard at the Home Shopping Network...Ch. 7.5 - A random variable is Poision distributed with =1.5...Ch. 7.5 - A random variable is Poision distributed with...Ch. 7.5 - A random variable is Poision distributed with...Ch. 7.5 - The owner of a self-service carwash has found that...Ch. 7.5 - A taxi dispatcher has found that successive calls...Ch. 7.5 - During 2008, U.S. general aviation pilots had 1.20...Ch. 7.5 - The Bureau of Labor Statistics reports the...Ch. 7.6 - A computer statistical package has simulated 1000...Ch. 7.6 - Prob. 7.60ECh. 7.6 - Prob. 7.61ECh. 7.6 - Prob. 7.62ECh. 7 - According to a recent survey, 35% of the adult...Ch. 7 - Prob. 7.64CECh. 7 - Prob. 7.65CECh. 7 - During an annual heating season, the average gas...Ch. 7 - It has been reported that the average monthly cell...Ch. 7 - During 2004, the average number of flying hours...Ch. 7 - During fiscal 2008, the average daily volume for...Ch. 7 - For itemized tax returns in the $60,000—$75,000...Ch. 7 - Of the 1.0 million persons of voting age in Maine,...Ch. 7 - A public relations agency tells its client that...Ch. 7 - Given the results of Exercise 7.72, evaluate the...Ch. 7 - A researcher is studying a particular process and...Ch. 7 - A safety researcher has found that fourth to sixth...Ch. 7 - The number of defects in rolls of aluminum sheet...Ch. 7 - The mileage death rate for motorcycle riders has...Ch. 7 - The “20-ounce” package of mozzarella cheese...Ch. 7 - State Police Academy graduates from a large gradua...Ch. 7 - The trainer for a professional football team has...Ch. 7 - The precooked weight of hamburgers at a gourmet...Ch. 7 - Boxes are filled with sugar by a machine that is...Ch. 7 - In Exercise 7.82, the company would like to put in...Ch. 7 - Discount Micros, a computer mail-order company,...Ch. 7 - The U-Drive car rental corporation has found that...Ch. 7 - Ronnie Rogers, the customer relations manager for...Ch. 7 - A storage warehouse in a relatively remote part of...
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