Question
The amounts a soft drink machine is designed to dispense for each drink are normallydistributed, with a mean of 11.9fluid ounces and a standard deviation
The amounts a soft drink machine is designed to dispense for each drink are normallydistributed, with a mean of 11.9fluid ounces and a standard deviation of 0.2fluid ounce. A drink is randomly selected.
(a) Find the probability that the drink is less than 11.8fluid ounces.
(b) Find the probability that the drink is between 11.6and 11.8fluid ounces.
(c) Find the probability that the drink is more than 12.212.2fluid ounces. Can this be considered an unusualevent? Explain your reasoning.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
