Please do the comment for any doubt
If you find difficulty in finding the z values by using standard normal table.
use the excel command "=NORMSDIST(-0.8)" which gives you output 0.211855.
An investment strategy's return is normally distributed and has an expected mean of 11 and a...
5. Assume the readings on thermometers are normally distributed with a mean of 0°C and a standard deviation of 1.00°C. Find the probability that a randomly selected thermometer reads between −2.26 and −1.53 and draw a sketch of the region. 6. Assume that a randomly selected subject is given a bone density test. Those test scores are normally distributed with a mean of 0 and a standard deviation of 1. Draw a graph and find the probability of a bone...
Question 11 A manufacturer knows that their items have a normally distributed length, with a mean of 15.6 inches, and standard deviation of 4.7 inches. If 23 items are chosen at random, what is the probability that their mean length is less than 18.1 inches? Pa < 18.1) = Submit Question Question 12 BO A manufacturer knows that their items have a normally distributed lifespan, with a mean of 9.3 years, and standard deviation of 2.7 years. If you randomly...
A large cap equity portfolio has a mean return of 11 % and a standard deviation of returns of 17 %. Assuming returns are normally distributed, what is the probability that next year's return will be less than or equal to -5 %? Enter answer as percentage, to two decimal places.
Assume the random variable x is normally distributed with mean u = 80 and standard deviation c=5. Find the indicated probability. P(65<x< 73) P(65<x< 73)=0 (Round to four decimal places as needed.) X 5.2.17 Use the normal distribution of SAT critical reading scores for which the mean is 507 and the standard deviation is 122. Assume the vari (a) What percent of the SAT verbal scores are less than 550? (b) If 1000 SAT verbal scores are randomly selected, about...
The contents of soft drink bottles are normally distributed with a mean of twelve ounces and a standard deviation of two ounce. a. What is the probability that a randomly selected bottle will contain more than ten ounces of soft drink? b. What is the probability that a randomly selected bottle will contain between 9.5 and 11 ounces? c. What percentage of the bottles will contain less than 10.5 ounces of soft drink?
The monthly utility bills in a city are normally distributed, with a mean of $100 and a standard deviation of $13. Find the probability that a randomly selected (a) less than $70. (b) between $85 and $100, and (c) more than $110. (a) The probability that a randomly selected utility bill is less than $70 is _______
The monthly utility bills in a city are normally distributed, with a mean of $100 and a standard deviation of $13. Find the probability that a randomly selected utility bill is (a) less than $66, (b) between $81 and $110, and (c) more than $120.
The monthly utility bills in a city are normally distributed with a mean of $100 and a standard deviation of $12 find the probability that a randomly selected utility bill is A) less than $69 B) between $90 and $100 and C) more than $110
A) The diameters of pencils produced by a certain machine are normally distributed with a mean of 0.30 inches and a standard deviation of 0.01 inches. What is the probability that the diameter of a randomly selected pencil will be between 0.21 and 0.29 inches? B) The diameters of pencils produced by a certain machine are normally distributed with a mean of 0.30 inches and a standard deviation of 0.01 inches. What is the probability that the diameter of a...
all questions. Do not round answers 1. IQ scores are normally distributed with a mean of 100 and a standard deviation of 15. a. What percentage of scores is between 55 and i 15? b. In a group of 20,000 randomly selected individuals, how many have an IQ score of 130 or more? 2. A Honda Civic has its gas mileage (in miles per gallon, or mpg) normally distributed, with a mean of 33 mpg and a standard deviation of...