Question
Check$mart bank encourages its customers to use Internet banking. The bank is concerned with the download time of its home page - the number of
Check$mart bank encourages its customers to use Internet banking. The bank is concerned with the download time of its home page - the number of seconds that pass from first linking to the website until the home page is fully displayed. Both the design of a home page and the load on the bank's web server affect the download time.
Past data indicate that download times are approximately normal with a mean of 0.9 seconds and a standard deviation of 0.3 seconds.
Assuming that download times do follow N(0.9, 0.32), state the following probabilities to 3 d.p.:
- Part B Question 1: The probability that the download time is less than 1 second is ______.
- Part B Question 2: The probability that the download time is more than 0.5 seconds is ______.
- Part B Question 3: The probability that the download time is between 0.5 and 1.5 seconds is ______.
- Part B Question 4: The download time that no more than 10% of home page openings will exceed is ______ seconds.
- Part B Question 5: The fastest 1% of home page openings will complete in less than ______ seconds.
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