Tugas Kelompok ke-2

(Minggu 5 / Sesi 6)

CONTINUOUS PROBABILITY DISTRIBUTIONS

1. Given that z is a standard normal random variable, compute the following

probabilities.

a. P(0 ≤ z ≤ 0.83)
P(z ≤ 0) = 0.5000
P(z ≤ 0.83) = 0.7967
P(0 ≤ z ≤ 0.83) = 0.7967 – 0.5000
P(0 ≤ z ≤ 0.83) = 0.2967

b. P(-1.57 ≤ z ≤ 0 )
P(z ≤ -1.57) = 0.0582
P(z ≤ 0) = 0.5000
P(-1.57 ≤ z ≤ 0 ) = 0.5000 – 0.0582
P(-1.57 ≤ z ≤ 0 ) = 0.4418

c. P(z > 0.44) = 1 – P(Z ≤ 0.44)

P(z > 0.44) = 1 – 0.6700
P(z > 0.44) = 0.3300

d. P(z ≥ -0.23) = 1 – P(z ≤ -0.23)

P(z ≤ -0.23) = 0.4090
P(z ≥ -0.23) = 1 – 0.4090
P(z ≥ -0.23) = 0.5910

STAT 6111- Statistic

e. P ( z < 1.20) = 1 – P( z ≤ 1.20)
P ( z < 1.20) = 1 – 0.8849
P ( z < 1.20) = 0.1151

f. P(z ≤ -.71) = 0.2389

2. According to the Sleep Foundation, the average night’s sleep is 6,8 hours (Fortune,
March 20, 2006). Assume the standard deviation is 0,6 hours and that the probability
distribution is normal.
a. What is the probability that a randomly selected person sleeps more than 8 hours?
- P(x>8)
z =(x-μ)/σ
z =(8-6.8)/0.6
z = 2= 0.9772
P(z > ) = 1-0.9772 = 0.0228
b. What is the probability that a randomly sleected person sleeps 6 hours or less?
- P (x<6)
z = (x-μ)/σ
z = (6-6.8)/0.6
z = -1.333
P( z <-1.333) = 0.0918
c. Doctors suggest getting between 7 and 9 hours of sleep each night. What
percentage of the population gets this much sleep?
-P( 7 < x < 9)
z=(x-μ)/σ
z = ( 7 - 6.8 ) /0.6
z = 0.33

z=(x-μ)/σ
z = ( 9 - 6.8 ) /0.6
z = 3.66 = 0.5 = 0.5199
P ( 0.33 < z < 3.66) = 0.6293 - 0.5199 = 0.1094
10.94%

STAT 6111- Statistic

 3. Trading volume on the New York Stock Exchange is heaviest during the first half
hour (early morning) and last half hour (late afternoon) of the trading day. The early
morning trading volumes (millions of shares) for 13 days in January and February are
shown here (Barron’s, January 23, 2006; February 13, 2006; and February 27, 2006).

The probability distribution of trading volume is approximately normal.

a. Compute the mean and standard deviation to use as estimates of the population
mean and standard deviation.
b. What is the probability that, on a randomly selected day, the early morning trading
volume will be less than 180 million shares?

c. What is the probability that, on a randomly selected day, the early morning trading
volume will exceed 230 million shares?
d. How many shares would have to be traded for the early morning trading volume on a
particular day to be among the busiest 5% of days?

Mengurutkan data :

163 171 174 180 194 198 201 202 211 211 212 214 265

Mean = = =199,69 dibulatkan

menjadi 200

Standar Deviasi = = = =25,02

3.b. Peluang share trading lebih rendah dari 180 adalah :

P(<180) = 3/13 = 0,2307

3.c. Peluang share trading lebih dari 230 adalah :

P(>230)= 1/13 = 0,0769

3.d. Share pada saat hari sibuk adalah :

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Jumlah hari = 13 hari

Peluang kemungkinan sibuk adalah 5% dan tidak sibuk adalah 95%

Maka P(A) = 0,05 dan P(B) = 0,95

Share yang ditransaksikan adalah = 5% x 13 = 0,65

4. For borrowers with good credit scores, the mean debt for revolving and installment
accounts is $15.015 (Business Week, March 20, 2006). Assume the standard deviation is
$3.540 and that debt amounts are normally distributed.
a. What is the probability that the debt for a randomly sleeced borrower with good credit
is more than $18.000?
b. What is the probability that the debt for a randomly sleeced borrower with good credit
is less than $10.000?
c. What is the probability that the debt for a randomly sleeced borrower with good credit
is between $12.000 and $18.000?
d. What is the probability that the debt for a randomly sleeced borrower with good credit
is no more than $14.000?

µ = 15015
σ = 3540
a. x = 18000
z = (18000 – 15015) / 3540
= 0.84322
P (z > 0.84322) = 1 - P (z < 0.84322)
= 1 - 0.80045
= 0.19955
b. x = 10000
z = (10000 – 15015) / 3540
= -1.41667
P (z < -1.41667) = 0.07829
c. x1 = 12000
x2 = 18000

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 z1 = (12000– 15015) / 3540
= -0.85170
z2 = (18000– 15015) / 3540
= 0.84322

P (-0.85170 < z < 0.84322) = P (z < 0.84322) - P (z < -0.85170)

= 0.80045 - 0.19719
= 0.60326
d. x = 14000
z = (14000 – 15015) / 3540
= -0.28672
P (z < -0.28672) = 0.38716

5. Given that z is a standard normal random variable, find z for each situation.
a. The area to the left z is 0.2119
Diketahui : P(z ≤??)=0.2119
Ditanya : Nilai z?
Jawab :
z = -0.8 (Lihat Pada Tabel)
Maka P(z≤-0.8)=0.2119
b. The area between –z and z is 0.9030
Diketahui : P(??≤z ≤??)=0.9030
Ditanya : Nilai z?
Jawab :
Area lebih besar dari z adalah 1-0.9030 = 0.097 sedangkan area kurang dari z adalah 0.097/2
= 0.0485, 0.0485
Maka –z = -1.66 dan z adalah 1.66
c. The area to the right of z is 0.6915
Diketahui : z= P(z≥??)=0.6915.
Ditanya : P(z≤??)=0.6915.
Jawab : z= 1-0.6915=0.3085

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Maka z = 0.26

Source : Anderson, David R., Sweeney, Dennis J., Williams, Thomas A. (2011). Statistics
for Business and Economics. 11th Edition. Cengage Learning. USA. ISBN: 978-
0538481649.
Chapter 6, Pages 225-256

STAT 6111- Statistic