1. The age of cars in the staff parking lot of a suburban college is uniformly distributed from six months (0.5) to 11.5 years. Find the 85th percentile
a. 9.85
b.9.15
c. 9
d. 8.5
2. Suppose that the value of stock varies each day from $14 to $25 with a uniform distribution.
Find the 90th percentile
a. 22.1
b. 20
c. 9.9
d. 23.9
3. Find the probability of the shaded region. Round answer to three decimals.
1)
P(X≥x) = 0.85
(b-x)/(b-a) = 0.15
(11.5- x )/(11.5-0.5)= 0.15
x= 9.85
2)
P(X≥x) = 0.9
(b-x)/(b-a) = 0.1
(25- x )/(25-14)= 0.1
x= 23.9
3)
P ( 2.5 ≤ X ≤ 5.5 ) =(x2-x1)/(b-a) = (5.5-2.5)/(10-0)= 0.3
Please let me know in case of any doubt.
Thanks in advance!
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