Question
17. The table below shows how 558 people applying for a credit card were classified according to home ownership and length of time on the
17. The table below shows how 558 people applying for a credit card were classified according to home ownership and length of time on the job. Let L be the event "less than 2 years", M be the event "more than 2 years", O be the event "owns own home", and R be the event "rents".
Length of Time in Present Job
Less than 2 years More than 2 years Row total
Owns | 73 | 194 |
|
Rents | 210 | 81 |
|
Column total |
|
|
|
Compute the totals and find,
a.) P(O)
b.) P(O given L)
c.) P(R given M)
d.) P(R and M)
e.) Are L and M mutually exclusive?
17a. 267/588
17b.___________
17c.___________
17d.___________
17e.___________
18. Binomial Distribution
a) According to insurance records, a car with a certain protection system will be recovered 90% of the time. If 800 stolen cars are randomly selected, what are the mean and standard deviation of the number of cars recovered after being stolen?
18a.___________
b) A quiz consists of 10 multiple choice questions, each with five possible answers, one of which is correct. To pass the quiz a student must get 70% or better on the quiz. If a student randomly guesses, what is the probability that the student will pass the quiz?
18b.___________
19. Normal Curve
a) Find the area under the standard normal curve to the right of
z = -1.42.
b) Determine the area under the standard normal curve that lies between z = -0.8 and z = 0.8
c) Find the area under the standard normal curve betweenz = 1 and z = 2.
d) Assume that the random variable X is normally distributed, with mean =40 and standard deviation
=10 Compute the probability
P(12 X 55).
19a.___________
19b.___________
19c.___________
19d.___________
20. The manufacturer of a coffee dispensing machine claims the ounces per cup is mound-shaped and symmetric with mean = 7 ounces and standard deviation = 0.8 ounce. If 40 cups of coffee are measured, what is the probability that the average ounces per cup is x is
a) more than 7.4 ounces?
b) between 6.9 and 7.4 ounces?
20a.___________
20b.___________
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