Probability of the event = P(z)
where z = (x-µ)/σ
given
µ = 180
σ = 25
(A) z = (150 - 180)/25 = -1.2
from the table, for z = -1.2, P = 1 - 0.1151 = 0.8849
Hence, P(z) > 150 = 100 - 88.49 % = 11.51%
(B) z = (100 - 180)/25 = -3.2
from the table, for z = -3.2, P = 1 - 0.0010 = 0.9990
Hence, P(z) < 100 = 100 - 99.99 = 0.01 %
(C) z1 = (170 - 180)/25 = -0.4
z2 = (205 - 180)/25 = 1
for z1 = -0.4, P1 = 1 - 0.3446 = 0.6554
for z2 = 1, P2 = 0.1587
Hence, 170 < P(z) = 65.54%
P(z) > 205 = 100 - 15.87 = 84.13%
Hence, 170 < P(z) < 205 is between 65.54% and 84.13%
52. Use the following table, Areas in the Tail of the Normal Distribution, to answer the...
Completed pregnancies are normally distributed with a mean of 266 days and a standard deviation of 16 days. Use table b7 to determine probablity of that a completed pregnacy lasts at least I) 270 days Ii) 310 days Table B-7 The Normal Distribution z 00 01 02 03 04 05D6 07 08 09 0.0 5000 4960 4920 4880 4840 4801 4761 4721 4681 4841 0.1 4802 4562 4522 4483 4443 4404 4364 4325 4286 4247 0.2 4207 4168 4129 4090...
The return on the Tarheel Corporation stock is expected to be 14 percent with a standard deviation of 10 percent. The beta of Tarheel is 0.7. The risk-free rate is 9 percent, and the expected return on the market portfolio is 16 percent. What is the probability that an investor in Tarheel will earn a rate of return less than the required rate of return? Assume that returns are normally distributed. Use Table V to answer the question. Round z...
A proposed factory expansion project has an expected net present value of $90,000 with a standard deviation of $280,000. What is the probability that the project will have a negative net present value, assuming that net present value is normally distributed? Use Table V to answer the question. Round z value in intermediate calculation to two decimal places. Round your answer to two decimal places. % TABLE V Normal Distribution (Area of the Normal Distribution That is to the Right...
A new project has expected annual net cash flows of $420,000 with a standard deviation of $450,000. The distribution of annual net cash flows is approximately normal. Use Table V to answer the questions. Round your answers to two decimal places. What is the probability of the project having negative annual net cash flows? % What is the probability that annual net cash flows will be greater than $570,000? % TABLE V Normal Distribution (Area of the Normal Distribution That...
The mean cost of domestic airfares in the United States rose to the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standa a. What is the probability that a domestic pirfare is $560 or more (to 4 declmals)? an all-time high of $400 per ticket. Airfares were based on the total ticket value, which consisted of the price charped by deviation or $100. Use Table i in Appendix B. b. What is the...
So, converted to a z interval, we wish to find P(0.26 < z < 0.79). Recall that since the z value is between two different values, we will need to subtract the table areas for Z, = 0.26 from the table area for z, = 0.79. Use this table to determine P(Z < 0.26) and P(Z < 0.79). Substitute these values into the formula to find the probability. (Round your answer to three decimal places.) P(0.26 < z < 0.79)...
t-Distribution Table Find the critical value t, for the confidence level c0 80 and sample size n 9 Click the icon to view the t-distribution table. (Round to the nearest thousandth as needed ) Level of confidence, c 0.80 0.90 0.95 0.98 0.9 One tall a 0.10 0.05 0.025 0.01 0.05 d. Two talls, α 0.20 0.10 005 002 001 du 3.078 6 314 12.706 31.821 63.657 1886 2920 4303 6965 9925 2 638 2.353 3.182 4541 5.841 1.533 2.132...
Standard Normal Table (Page 1) .08 .07 05 -3.4 0002 0003 0003 00 0003 0003 0003 0003 0003 0003 3.3 0003 0004 00040004 0004 0004 0004 0005 0005 0005 -3.2 0005 0005000006 0006 0006000006 00 007 -3.1 0007 0000008 0008 0000009 009 9 0010 -3.0 0010 0010001 0011 0011 012 0012 0013 013 0013 -2.9 0014 0014 0 0015 0016 0016 00170018 0018 0019 2.8 0019 00200021 0021 0022 0023 0023 00240025 0026 -2.7 0026 00270028 0029 003 000032 0033...
ICUUT, Te Slandard Normal Distribution ore: 0 of 1 pt 1.13 Find the indicatedz score. The graph depicts the standard normal distribution with mean O and standard devation 1. 6 of 12 (9 complete) HW Score: 44.79%, 7.17 of 16 Assigned Media Question Help 0 9590 The indicated z score is Round to two decimal places as needed.) Enter your answer in the answer box and then click Gheck Answer Clear All Next . s Previous NEGATIVE Z SCores Standard...
Find the area of the shaded region. The graph to the right depicts IQ scores of adults, and those scores are normally distributed with a mean of 100 and a standard deviation of 15. + + What color should I paint my x Homework and Tests - Laurel x Do Homework - Lauren John: X C Cet Homework Help With CHX + c mathul.com/Student/PlayerHomework.aspx?homeworkld-5637792618questionld-23&flushed-false&cld-5982838&back-https://www.mathrl.com/Student/DoHomework.aspxhomewor... G * NP SUZO: STATISTICAL TECHNIQUES: 7213 Lauren Johnson & 06/02/20 11:10 AM Homework: Homework #3...