(1) here we use Binomial distribution ,P(X=r)=nCrpr(1-p)n-r
for the case I, here n=5, p=0.4
P(winning of 3 game out of 5)=P(X=3)=0.2304
for case 2, here n=7, p=0.4
P(winning of 4 game out of 7)=P(X=4)=0.1935
so case I is advantegeous i.e best 3 out of 5.
(2a) required probability=P(X<39.9)+P(X>40.1)=P(Z<-2)+P(Z>2)=P(Z<-2)+(1-P<-2)=1-2(P(Z<-2)=1-2*0.023=0.954
for x=39.9, z=(39.9-40)/0.05=-2
for x=40.1, z=(40.1-40)/2=2
(2b) here we want to find x such that P(|X|>x)=2%=0.02
or, P(X>x)+P(X<-x)=0.02
or, 1-P(X<x)+P(X<-x)=0.02
or, 1-(1-P(X<-x)+P(X<-x)=0.02 ( due to symmetrical properties of normal distribution)
or, P(X<-x)=0.01
and corresponding z=-2.3264
and higher limit of x=mean+sd*z=40+0.05*2.3264=40.1163
and lower limit of x=mean-sd*z=40-0.05*2.3264=39.8837
the new range should be (39.8837,40.1163)
Two questions For each of the following questions: clearly indicate the probability distribution being used to...
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