Professional Documents
Culture Documents
Fall 2017
Mathematics
for Business Students (MATH-201)
Worksheet Nr. (6)
Problem 1
Solution
= 𝟎. 𝟗𝟗𝟕𝟎 − 𝟎. 𝟔𝟗𝟏𝟓
=𝟎. 𝟑𝟎𝟓𝟓
b) 𝑷(𝒁 > 𝟐. 𝟓𝟐)
= 𝟏 − 𝟎. 𝟗𝟗𝟒𝟏 = 𝟎. 𝟎𝟎𝟓𝟗
= 𝟎. 𝟎𝟎𝟐𝟏
Problem 2
Solution
𝒁𝒂 = 𝟏. 𝟐𝟖
Problem 3
Solution
𝟔−𝟏𝟎 𝟏𝟒−𝟏𝟎
𝒂)𝑷(𝟔 < 𝑿 < 𝟏𝟒)= 𝑷 ( <𝑿< )
𝟐 𝟐
Problem 4
a) 𝑷(𝑿 > 𝒙) = 𝟎. 𝟓
b) 𝑷(𝒙 < 𝑿 < 𝟏𝟎) = 𝟎. 𝟐
Solution
We assume that the house prices in a certain area are ND with mean of 145000
pounds and standard deviation of 2500 pounds. Find
a)The probability that randomly selected house (RS) is cheaper than 142000
pounds.
b)The probability that (RS) house costs between 142000 pounds and 148000.
c)The price x such that 95% of all houses in the area are more expensive than x.
d)The minimum and maximum prices of houses to include the middle 80% of the
market.
e)Suppose 5 houses are selected at random, what is the probability that 3 of them
are cheaper than 142000pounds.
Solution
Solution
𝒂)µ = 𝟏 𝒔𝒊𝒈𝒎𝒂 = 𝟎. 𝟏𝟓
𝟏−𝟏
𝑷(𝑿 > 𝟏) = 𝑷 (𝒁 > )
𝟎. 𝟏𝟓
= 𝟏 − 𝑷(𝒁 < 𝟎) = 𝟎. 𝟓
𝟎.𝟗𝟓−𝟏 𝟏.𝟎𝟓−𝟏
𝒃) 𝑷(𝟎. 𝟗𝟓 < 𝑿 < 𝟏. 𝟎𝟓)= 𝑷 ( <𝒁< )
𝟎.𝟏𝟓 𝟎.𝟏𝟓
𝑷(−𝟎. 𝟑𝟑 < 𝒁 < 𝟎. 𝟑𝟑) = 𝑷(𝒁 < 𝟎. 𝟑𝟑) − 𝑷(𝒁 < −𝟎. 𝟑𝟑) = 𝟎. 𝟐𝟓𝟖𝟔
𝟎.𝟖−𝟏
𝒄) 𝑷(𝑿 < 𝟎. 𝟖)= 𝑷 (𝒁 < )
𝟎.𝟏𝟓
=𝑷(𝒁 < −𝟏. 𝟑𝟑) = 𝟎. 𝟎𝟗𝟏𝟖
Problem 7
Human Heights Human heights are one of many biological random variables
that can be modeled by the normal distribution. Assume the heights of men have
a mean of 69 inches with a standard deviation of 3.5 inches.
Solution
𝒂) 𝟔(𝟏𝟐) = 𝟕𝟐 𝒊𝒏𝒄𝒉𝒆𝒔
𝟕𝟐−𝟔𝟗
𝑷(𝑿 > 𝟕𝟐)= 𝑷 (𝒁 > )
𝟑.𝟓
=𝑷(𝒁 > −𝟎. 𝟖𝟔) = 𝟏 − 𝑷(𝒁 < −𝟎. 𝟖𝟔) = 𝟎. 𝟏𝟗𝟒𝟗
𝒃) 𝟓(𝟏𝟐) + 𝟖 = 𝟔𝟖 𝒊𝒏𝒄𝒉𝒆𝒔 𝒂𝒏𝒅 𝟔(𝟏𝟐) + 𝟏 = 𝟕𝟑 𝒊𝒏𝒄𝒉𝒆𝒔
𝟔𝟖−𝟔𝟗 𝟕𝟑−𝟔𝟗
𝑷(𝟔𝟖 < 𝑿 < 𝟕𝟑)= 𝑷 ( <𝒁< )
𝟑.𝟓 𝟑.𝟓
=𝑷(−𝟎. 𝟐𝟗 < 𝒁 < 𝟏. 𝟏𝟒) = 𝑷(𝒁 < 𝟏. 𝟏𝟒) − 𝑷(𝒁 < −𝟎. 𝟐𝟗)
= 𝟎. 𝟖𝟕𝟐𝟗 − 𝟎. 𝟑𝟖𝟓𝟗 = 𝟎. 𝟒𝟖𝟕𝟎
𝒄) 𝟓(𝟏𝟐) + 𝟖 = 𝟕𝟐 𝒊𝒏𝒄𝒉𝒆𝒔
𝟕𝟐−𝟔𝟗
𝒁= = 𝟎. 𝟖𝟔
𝟑.𝟓
𝑻𝒉𝒊𝒔 𝒘𝒐𝒖𝒍𝒅𝒏′ 𝒕 𝒃𝒆 𝒄𝒐𝒏𝒔𝒊𝒅𝒆𝒓𝒆𝒅 𝒂𝒏 𝒖𝒏𝒖𝒔𝒖𝒂𝒍𝒍𝒚 𝒍𝒂𝒓𝒈𝒆 𝒗𝒂𝒍𝒖𝒆, 𝒔𝒊𝒏𝒄𝒆
𝒊𝒕 𝒊𝒔 𝒍𝒆𝒔𝒔 𝒕𝒉𝒂𝒏 𝒕𝒘𝒐 𝒔𝒕𝒂𝒏𝒅𝒂𝒓𝒅 𝒅𝒆𝒗𝒊𝒂𝒕𝒊𝒐𝒏𝒔 𝒇𝒓𝒐𝒎 𝒕𝒉𝒆 𝒎𝒆𝒂𝒏.
Problem 8
Christmas Trees The diameters of Douglas firs grown at a Christmas tree farm
are normally is distributed with a mean of 4 inches and a standard deviation of
1.5 inches.
a. What proportion of the trees will have diameters between 3 and 5 inches?
b. What proportion of the tress will have diameters less than 3 inches?
c. Your Christmas tree stand will expand to a diameter of 6 inches. What
proportion of the trees will not fit in your Christmas tree stand?
Solution
𝟑−𝟒 𝟓−𝟒
𝒂) 𝑷(𝟑 < 𝑿 < 𝟓)= 𝑷 ( <𝒁< )
𝟏.𝟓 𝟏.𝟓
𝑷(−𝟎. 𝟔𝟕 < 𝒁 < 𝟎. 𝟔𝟕) = 𝟎. 𝟕𝟒𝟖𝟔 − 𝟎. 𝟐𝟓𝟏𝟒 = 𝟎. 𝟒𝟗𝟕𝟐
𝟑−𝟒
𝒃) 𝑷(𝑿 ≤ 𝟑)= 𝑷 (𝒁 < )
𝟏.𝟓
𝑷(𝒁 < −𝟎. 𝟔𝟕) = 𝟎. 𝟐𝟓𝟏𝟒
Solution
𝟒𝟎 − 𝟕𝟒
𝒄) 𝑷(𝑿 < 𝟒𝟎) = 𝑷 (𝒁 > )
𝟏𝟔
𝑷(𝒁 < −𝟐. 𝟏𝟐)=𝟎 . 𝟏𝟕𝟎