The expected lifetime of a television is 20 years with a standard deviation of 5. Use Chebychev's inequality to estimate the probability that television will last between 12 and 28 years.
a) 0.3906
b) 0.5173
c) 0.3446
d) 0.6094
e) 0.5853
f) None of the above.
The expected lifetime of a television is 20 years with a standard deviation of 5. Use...
A probability distribution has a mean of 27 and a standard deviation of 2. Use Chebychev's inequality to estimate the probability that an outcome of the experiment lies between 20 and 34. a) 0.2857 b) 0.9945 c) 0.0816 d) 0.0055 e) 0.9184 f) None
Let consider a company that produces TV. The mean lifetime of a TV is 6 years and the standard deviation of the lifetime is 2.5 years. Consider a random sample of 50 TVs. Approximate the probability that the mean lifetime of these 50 TVs will exceed 7 years. A. 0.0023 B. 0.9977 C. 0.6554 D. 0.3446 E. none of the preceding
In a certain distribution, the mean is 90 with a standard deviation of 4. Use Chebychev's inequality to tell the probability that a number lies between 82 and 98. The probability a number lies between 82 and 98 is at least .
A manufacturer claims that his television will have an average lifetime of at least 5 years. The standard deviation is 8 months. 64 sets were selected at random and their average lifetime was found to be 59 months. Is the manufacturer correct? Use = 0:025.
A probability distribution has a mean of 20 and a standard deviation of 2. Use Chebychev’s inequality to estimate the probability that an outcome of the experiment lies between 16 and 24
A probability distribution has a mean of 35 and a standard deviation of 3. Use Chebychev's inequality to find a bound on the probability that an outcome of the experiment lies between the following (a) 30 and 40 at least 0.64 % (b) 25 and 45 at least 0.91 X% Need Help? Read Watch
Your new cell phone has a mean lifetime of 5 years with a standard deviation of 1.5 year. What is the probability your cell phone will outlast your two year contract? Assume lifetime data is normally distributed.
The average lifetime of a smoke detector is 5 years, or 60 months, and the standard deviation of lifetimes is 8 months. The lifetime of individual smoke detector units is a distribution that is right-skewed. A.) Using units of months, determine the sampling distribution of the sample mean for samples of size 200 smoke detectors. B.) Repeat part a. for sample size of 500. C.) Why can you still answer part a. and b. when the distribution of smoke detector...
6b) Use the probability distribution above in order to find the STANDARD DEVIATION. 7) A contest entrant ha a 0.0008 probability of winning a prize of $11,278. If this is the only prize and the entry fee is $35, then find the expected value of winning the contest. 8a) Suppose that the probability that a person will develop hypertension over a lifetime is 20%. If fifteen graduating students from the same college are...
11. Use the information below to calculate the expected return and standard deviation of an equally-weighted portfolio containing Stocks J and K? (10) R = 10% • Rx = 15% ; = 20%. OK = 35%. Tik = 0.70 12. What set of weights would produce the minimum standard deviation of the portfolio above if the correlation between stocks were - 1.009 (5)