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Home Work - 5

(Discrete & Continuous Random Variables, Sampling Distributions)


BUSN 211— Business Statistics
Instructor: Dr. Bashar Total Points: 120

Name: Section: —

Instructions:

ˆ You can copy and paste the codes in this document to try out by yourself!!
ˆ Answer all the questions!!
ˆ Hints are given when they are required.
ˆ Follow all the instructions to get the full credit.
ˆ If ever needed to round up, please round up to 4 decimal places
ˆ DEADLINE to submit this home work:

– For in person learners: Sunday, May 2nd , 2021 after the class.
– For online/remote learners: Friday, May 2nd , 2021 after the class of your local time.

ˆ Any homework submitted after the deadline will be compensated with negative points as per following scheme:

– Five hours after the deadline (automatic -5 points)


– Ten hours after the deadline (automatic -10 points), and so on ...

ˆ Please submit your homework on a PDF or Microsoft word files. (Either file type will be accepted)
ˆ If you ever needed to scan your (Hand-Written) assignments/home-works, you can use one of the best applications for
scanning documents called ”CamScanner” (This app is available for all platforms– (Apple, Android, etc.))

HWQ:- 1: Batting Average: A baseball player’s batting average is 0.310. If in a given


game he bats four times, what is the probability that he will get 6 pts

(a) no hits?
(b) at most two hits?
(c) at least two hits?

HWQ:- 2: Space Travel: Assuming that it is known that 99.8% of the launchings of satel-
lites into the orbit are successful, what is the probability that in the next 5 launchings
there will be 6 pts

(a) no mishaps?
(b) exactly one mishap?
(c) at least one mishap?

HWQ:- 3: Christmas-Treeing: When a student does not know the answers to a multiple
choice test, he or she often randomly completed the test by creating strings of dark
circles for each answer in the shape of Christmas tree lights. A student Christmas-
trees a 10-question exam where each question had five options of which exactly one is
correct. 9 pts

(a) what is the probability that the student correctly answered exactly seven ques-
tions?
(b) what is the probability that the student passed with seven or more correct an-
swers?
(c) What is the probability that the student answers at most six questions correctly?

HWQ:- 4: Basketball: The basketball team of a certain university has a probability of


0.80 of wining whenever it plays a home game. The team will play 10 games at home.
What is the probability that the team will win: 6 pts

(a) exactly eight games?


(b) at most six games?
(c) at least five games?

HWQ:- 5: Products produced by a machine has a 3% defective rate. 6 pts

(a) What is the probability that the first defective occurs in the fifth item inspected?
P (X = 5)
(b) What is the probability that the first defective occurs in the first five inspections?
P (X ≤ 5)
HWQ:- 6: Disease incidence: Suppose there is a disease, whose average incidence is 2
per million people. What is the probability that a city of 1 million people has at least
twice the average incidence? 5 pts

HWQ:- 7: A life insurance salesman sells on the average 3 life insurance policies per week.
Use Poisson’s law to calculate the probability that in a given week he will sell 9 pts

(a) Some policies


(b) 2 or more policies but less than 5 policies.
(c) Assuming that there are 5 working days per week, what is the probability that in
a given day he will sell one policy?

HWQ:- 8: If electricity power failures occur according to a Poisson distribution with an


average of 3 failures every twenty weeks, calculate the probability that there will not
be more than one failure during a particular week? 5 pts

HWQ:- 9: A company makes electric motors. The probability an electric motor is defec-
tive is 0.01. What is the probability that a sample of 300 electric motors will contain
exactly 5 defective motors? 5 pts

HWQ:- 10: The length of human pregnancies from conception to birth approximates a
normal distribution with a mean of 266 days and a standard deviation of 16 days. 6
pts

(a) What proportion of all pregnancies will last between 240 and 270 days (roughly
between 8 and 9 months)?
(b) What length of time marks the shortest 70% of all pregnancies?

HWQ:- 11: The Edwards’s Theater chain has studied its movie customers to determine
how much money they spend on concessions. The study revealed that the spending
distribution is approximately normally distributed with a mean of $4.11 and a standard
deviation of $1.37. 6 pts

(a) What percentage of customers will spend less than $3.00 on concessions?
(b) What spending amount corresponds to the top 87th percentile?

HWQ:- 12: Systolic blood pressure is assumed to follow a Normal distribution with mean
of 108 and a standard deviation of 14. If an individual is selected at random from the
population, find the probability that, 12 pts
(a) the systolic blood pressure is below 112
(b) the systolic blood pressure is above 127
(c) the systolic blood pressure is between 104 and 118
(d) The systolic blood pressure level that only 5% of the people exceed

HWQ:- 13: Suppose that a machine produces 325 mg aspirin tablets. Due to calibration
issues, the actual Acetylsalicylic acid content of a pill follows a normal distribution
with mean of 325 mgs and standard deviation of 7 mgs. 6 pts
(a) A pill is considered to be unacceptable for the market if it is off by more than 10
mgs from the concentration reported on the label. What percentage of the pills
is acceptable for the market?
(b) A pill is considered safe for the public if its concentration is at most 15 mgs above
the concentration reported on the label. What percentage of the pills is unsafe
for the public?

HWQ:- 14: Let X the length of pregnancy be X ∼ N (µ = 266, σ 2 = 256). 5 pts


(a) What is the probability that a randomly selected pregnancy lasts more than 274
days. i.e., what is P (X > 274)?
(b) Suppose we have a random sample of n = 25 pregnant women. Is it less likely or
more likely (as compared to the above question), that we might observe a sample
mean pregnancy length of more than 274 days. i.e., what is P (X̄ > 274)?
HWQ:- 15: The model for breaking strength of steel bars is normal with a mean of 260
pounds per square inch and a variance of 400. 4 pts
(a) What is the probability that a randomly selected steel bar will have a breaking
strength greater than 250 pounds per square inch?
(b) A shipment of steel bars will be accepted if the mean breaking strength of a
random sample of 10 steel bars is greater than 250 pounds per square inch. What
is the probability that a shipment will be accepted?
HWQ:- 16: The following histogram shows the population distribution of a variable X.
How would the sampling distribution of look, where the mean is calculated from random
samples of size 150 from the above population? 4 pts

HWQ:- 17: Suppose a population has mean µ = 8 and standard deviation σ = 3. Suppose
a random sample of size n = 36 is selected. What is the probability that the sample
mean is between 7.8 and 8.2? 3 pts

HWQ:- 18: The contents of bottles of beer vary according to a normal distribution with
mean µ = 341 ml and standard deviation σ = 3 ml. 5 pts

(a) What is the probability that the content of a randomly selected bottle is less than
339 ml?
(b) What is the probability that the average content of the bottles in a 12-pack of
beer is less than 339 ml?

HWQ:- 19: A patient is classified as having gestational diabetes if the glucose level is
above 140 milligrams per deciliter (mg/dl) one hour after a sugary drink is ingested.
Sheila’s measured glucose level one hour after ingesting the sugary drink varies accord-
ing to the normal distribution with µ = 125 mg/dl and σ = 10 mg/dl. 7
pts

(a) If a single glucose measurement is made, what is the probability that Sheila is
diagnosed as having gestational diabetes?
(b) If measurements are made on three separate days and the mean result is compared
with the criterion 140 mg/dl, what is the probability that Sheila is diagnosed as
having gestational diabetes?
(c) What is the level L such that there is probability only 5% that the mean glucose
level of three test results fall above L for Sheila’s glucose level distribution.

HWQ:- 20: A tire manufacturer states that a certain type of tire has a mean lifetime
of 60,000 miles. Suppose lifetimes are normally distributed with standard deviation
σ = 3, 500 miles. 5 pts
(a) Find the probability that if you buy one such tire, it will last only 57,000 or fewer
miles. If you had this experience, is it particularly strong evidence that the tire
is not as good as claimed?
(b) A consumer group buys five such tires and tests them. Find the probability that
average lifetime of the five tires will be 57,000 miles or less. If the mean is so low,
is that particularly strong evidence that the tire is not as good as claimed?

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