Calculate each Poisson probability:
a. P(X = 6), λ = 4.0
b. P(X = 10), λ = 12.0
c. P(X = 4), λ = 7.0
> A random sample of 25 items is drawn from a population whose standard deviation is known to be σ = 40. The sample mean is x bar = 270. a. Construct an interval estimate for μ with 95 percent confidence. b. Repeat part a assuming that n = 50. c. Repeat pa
> Use the sample information x bar = 37, σ = 5, n = 15 to calculate the following confidence intervals for μ assuming the sample is from a normal population: (a) 90 percent confidence; (b) 95 percent confidence; (c) 99 percent confidence. (d) Describe how
> Construct a confidence interval for μ assuming that each sample is from a normal population. a. x bar = 24, σ = 3, n = 10, 90 percent confidence b. x bar = 125, σ = 8, n = 25, 99 percent confidence c. x bar = 12.5, σ = 1.2, n = 50, 95 percent confidence
> If all normal distributions have the same shape, how do they differ?
> Assume the weight of a randomly chosen American passenger car is a uniformly distributed random variable ranging from 2,500 pounds to 4,500 pounds. (a) What is the mean weight of a randomly chosen vehicle? (b) The standard deviation? (c) What is the prob
> For a continuous uniform distribution, why is P(25 < X < 45) the same as P(25 < X < 45)?
> Suppose that the distribution of oil prices ($/bbl) is forecast to be T(50, 65, 105). (a) Find the mean. (b) Find the standard deviation. (c) Find the probability that the price will be greater than $75. (d) Sketch the distribution and shade the area for
> When confronted with an in-flight medical emergency, pilots and crew can consult staff physicians at a global response center located in Arizona. If the global response center is called, there is a 4.8 percent chance that the flight will be diverted for
> Suppose that the distribution of order sizes (in dollars) at L.L. Bean has a distribution that is T(0, 25, 75). (a) Find the mean. (b) Find the standard deviation. (c) Find the probability that an order will be less than $25. (d) Sketch the distribution
> The Johnson family uses a propane gas grill for cooking outdoors. During the summer they need to replace their tank on average every 30 days. At a randomly chosen moment, what is the probability that they can grill out (a) at least 40 days before they ne
> A passenger metal detector at Chicago’s Midway Airport gives an alarm 2.1 times a minute. What is the probability that (a) less than 60 seconds will pass before the next alarm? (b) More than 30 seconds? (c) At least 45 seconds?
> In Santa Theresa, false alarms are received at the downtown fire station at a mean rate of 0.3 per day. (a) What is the probability that more than 7 days will pass before the next false alarm arrives? (b) Less than 2 days? (c) Explain fully.
> Find the mean and standard deviation for each uniform continuous model. a. U (0, 10) b. U (100, 200) c. U (1, 99)
> High-strength concrete is supposed to have a compressive strength greater than 6,000 pounds per square inch (psi). A certain type of concrete has a mean compressive strength of 7,000 psi, but due to variability in the mixing process it has a standard dev
> A study found that the mean waiting time to see a physician at an outpatient clinic was 40 minutes with a standard deviation of 28 minutes. Use Excel to find each probability. (a) What is the probability of more than an hour’s wait? (b) Less than 20 minu
> Use Excel to find each probability. a. P(X < 110) for N(100, 15) b. P(X < 2.00) for N(0, 1) c. P(X < 5,000) for N(6000, 1000) d. P(X < 450) for N(600, 100)
> The average cost of an IRS Form 1040 tax filing at Thetis Tax Service is $157.00. Assuming a normal distribution, if 70 percent of the filings cost less than $171.00, what is the standard deviation?
> The number of patients needing a bed at any point in time in the pediatrics unit at Carver Hospital is N(19.2, 2.5). Find the middle 50 percent of the number of beds needed (round to the next higher integer since a “bed” is indivisible).
> The probability is .90 that a vending machine in the Oxnard University Student Center will dispense the desired item when correct change is inserted. If 200 customers try the machine, find the probability that (a) at least 175 will receive the desired it
> On January 1, 2011, a new standard for baseball bat “liveliness” called BBCOR (Ball-Bat Coefficient of Restitution) was adopted for teams playing under NCAA rules. A higher BBCOR allows the ball to travel farther when hit, so bat manufacturers want a hig
> The pediatrics unit at Carver Hospital has 24 beds. The number of patients needing a bed at any point in time is N(19.2, 2.5). What is the probability that the number of patients needing a bed will exceed the pediatric unit’s bed capacity?
> Assume that the number of calories in a McDonald’s Egg McMuffin is a normally distributed random variable with a mean of 290 calories and a standard deviation of 14 calories. (a) What is the probability that a particular serving contains fewer than 300 c
> The fastest 10 percent of runners who complete the Nosy Neighbor 5K race win a gift certificate to a local running store. Assuming a normal distribution, how many standard deviations below the mean must a runner’s time be in order to win the gift certifi
> High school students across the nation compete in a financial capability challenge each year by taking a National Financial Capability Challenge Exam. Students who score in the top 20 percent are recognized publicly for their achievement by the Departmen
> It is Saturday morning at Starbucks. Is each random variable discrete (D) or continuous (C)? a. Temperature of the coffee served to a randomly chosen customer. b. Number of customers who order only coffee with no food. c. Waiting time before a randomly
> State the Empirical Rule for a normal distribution.
> (a) At what x value does f (x) reach a maximum for a normal distribution N(75, 5)? (b) Does f (x) touch the X-axis at μ ± 3σ?
> Flight 202 is departing Los Angeles. Is each random variable discrete (D) or continuous (C)? a. Number of airline passengers traveling with children under age 3. b. Proportion of passengers traveling without checked luggage. c. Weight of a randomly chos
> Oxnard Petro Ltd. is buying hurricane insurance for its off-coast oil drilling platform. During the next five years, the probability of total loss of only the above-water superstructure ($250 million) is .30, the probability of total loss of the facility
> In a certain store, there is a .03 probability that the scanned price in the bar code scanner will not match the advertised price. The cashier scans 800 items. (a) What is the expected number of mismatches? The standard deviation? (b) What is the probabi
> A lottery ticket has a grand prize of $28 million. The probability of winning the grand prize is .000000023. Based on the expected value of the lottery ticket, would you pay $1 for a ticket? Show your calculations and reasoning clearly.
> Student Life Insurance Company wants to offer an insurance plan with a maximum claim amount of $5,000 for dorm students to cover theft of certain items. Past experience suggests that the probability of a maximum claim is .01. What premium should be charg
> There are five accounting exams. Bob’s typical score on each exam is a random variable with a mean of 80 and a standard deviation of 5. His final grade is based on the sum of his exam scores. (a) Find the mean and standard deviation of Bob’s point total
> The mean January temperature in Fort Collins, CO, is 37.18 F with a standard deviation of 10.38 F. Express these Fahrenheit parameters in degrees Celsius using the transformation C = 5y9F - 17.78.
> Pepsi and Mountain Dew products sponsored a contest giving away a Lamborghini sports car worth $215,000. The probability of winning from a single bottle purchase was .00000884. Find the expected value. Show your calculations clearly. (Data are from J. Pa
> The height of a Los Angeles Lakers basketball player averages 6 feet 7.6 inches (i.e., 79.6 inches) with a standard deviation of 3.24 inches. To convert from inches to centimeters, we multiply by 2.54. (a) In centimeters, what is the mean? (b) In centime
> In a certain Kentucky Fried Chicken franchise, half of the customer’s request “crispy” instead of “original,” on average. (a) What is the expected number of customers before the next customer requests “crispy”? (b) What is the probability of serving more
> In the Ardmore Hotel, 20 percent of the guests (the historical percentage) pay by American Express credit card. (a) What is the expected number of guests until the next one pays by American Express credit card? (b) What is the probability that the first
> Find each geometric probability. a. P(X = 5) when π = .50 b. P(X = 3) when π = .25 c. P(X = 4) when π = .60
> ABC Warehouse has eight refrigerators in stock. Two are side-by-side models and six are top freezer models. (a) Using Excel, calculate the entire hypergeometric probability distribution for the number of top-freezer models in a sample of four refrigerato
> The default rate on government-guaranteed student loans at a certain public four-year institution is 7 percent. (a) If 1,000 student loans are made, what is the probability of fewer than 50 defaults? (b) More than 100? Show your work carefully.
> The probability that a passenger’s bag will be mishandled on a U.S. airline is .0046. During spring break, suppose that 500 students fly from Minnesota to various southern destinations. (a) What is the expected number of mishandled bags? (b) What is the
> In a string of 100 Christmas lights, there is a .01 chance that a given bulb will fail within the first year of use (if one bulb fails, it does not affect the others). Find the approximate probability that two or more bulbs will fail within the first yea
> The probability of a manufacturing defect in an aluminum beverage can is .00002. If 100,000 cans are produced, find the approximate probability of (a) at least one defective can and (b) two or more defective cans. (c) Is the Poisson approximation justifi
> An experienced order taker at the L.L. Bean call center has a .003 chance of error on each keystroke (i.e., π = .003). In 500 keystrokes, find the approximate probability of (a) at least two errors and (b) fewer than four errors. (c) Is the Poisson appro
> (a) Why might the number of yawns per minute by students in a warm classroom not be a Poisson event? (b) Give two additional examples of events per unit of time that might violate the assumptions of the Poisson model, and explain why.
> The average number of items (such as a drink or dessert) ordered by a Noodles & Company customer in addition to the meal is 1.4. These items are called add-ons. Define X to be the number of add-ons ordered by a randomly selected customer. (a) Justify the
> Calculate each compound event probability: a. P(X < 3), λ = 4.3 b. P(X > 7), λ = 5.2 c. P(X < 3), λ = 2.7
> Calculate each Poisson probability: a. P(X = 2), λ = 0.1 b. P(X = 1), λ = 2.2 c. P(X = 3), λ = 1.6
> Find the mean and standard deviation for each Poisson: a. λ = 9.0 b. λ = 12.0 c. λ = 7.0
> The weight of a small Starbucks coffee is a normal random variable with a mean of 360 g and a standard deviation of 9 g. Use Excel to find the weight corresponding to each percentile of weight. a. 10th percentile b. 32nd percentile c. 75th percentile
> Find the mean and standard deviation for each Poisson: a. λ = 1.0 b. λ = 2.0 c. λ = 4.0
> Calculate each binomial probability: a. Fewer than 4 successes in 12 trials with a 10 percent chance of success. b. At least 3 successes in 7 trials with a 40 percent chance of success. c. At most 9 successes in 14 trials with a 60 percent chance of suc
> Calculate each binomial probability: a. More than 10 successes in 16 trials with an 80 percent chance of success. b. At least 4 successes in 8 trials with a 40 percent chance of success. c. No more than 2 successes in 6 trials with a 20 percent chance o
> Calculate each compound event probability: a. X < 10, n = 14, π = .95 b. X > 2, n = 5, π = .45 c. X < 1, n = 10, π = .15
> Calculate each compound event probability: a. X < 3, n = 8, π = .20 b. X > 7, n = 10, π = .50 c. X < 3, n = 6, π = .70
> Calculate each binomial probability: a. X = 2, n = 8, π = .10 b. X = 1, n = 10, π = .40 c. X = 3, n = 12, π = .70
> Calculate each binomial probability: a. X = 5, n = 9, π = .90 b. X = 0, n = 6, π = .20 c. X = 9, n = 9, π = .80
> Find the mean and standard deviation for each binomial random variable: a. n = 30, π = .90 b. n = 80, π = .70 c. n = 20, π = .80
> Find the mean and standard deviation for each binomial random variable: a. n = 8, π = .10 b. n = 10, π = .40 c. n = 12, π = .50
> Write the probability of each italicized event in symbols (e.g., P(X > 5). a. At least 7 correct answers on a 10-question quiz (X = number of correct answers). b. Fewer than 4 “phishing” e-mails out of 20 e-mails (X = number of phishing e-mails). c. At
> Use Excel to find each probability. a. P(80 < X < 110) for N(100, 15) b. P(1.50 < X < 2.00) for N(0, 1) c. P(4,500 < X < 7,000) for N(6000, 1000) d. P(225 < X < 450) for N(600, 100)
> List the X values that are included in each italicized event. a. You can miss at most 2 quizzes out of 16 quizzes (X = number of missed quizzes). b. You go to Starbuck’s at least 4 days a week (X = number of Starbuck’s visits). c. You are penalized if y
> The ages of Java programmers at SynFlex Corp. range from 20 to 60. (a) If their ages are uniformly distributed, what would be the mean and standard deviation? (b) What is the probability that a randomly selected programmer’s age is at least 40? At least
> Find the mean and standard deviation of four-digit uniformly distributed lottery numbers (0000 through 9999).
> Which of the following could not be probability distributions? Explain. Example A Example B Example C P(x) P(x) P(x) .80 1 .05 50 .30 1 .20 2 .15 60 .60 3 .25 70 .40 4 .40 5 .10
> “The probability of rolling three sevens in a row with dice is .0046.”
> “Commercial rocket launches have a 95% success rate.”
> “There is a 25% chance that AT&T Wireless and Verizon will merge.”
> Find the following combinations nCr: a. n = 8 and r = 3. b. n = 8 and r = 5. c. n = 8 and r = 1. d. n = 8 and r = 8.
> Find the following permutations nPr: a. n = 8 and r = 3. b. n = 8 and r = 5. c. n = 8 and r = 1. d. n = 8 and r = 8.
> (a) In how many ways could you arrange seven books on a shelf? (b) Would it be feasible to list the possible arrangements?
> Vail Resorts pays part-time seasonal employees at ski resorts on an hourly basis. At a certain mountain, the hourly rates have a normal distribution with σ 5 $3.00. If 20 percent of all part time seasonal employees make more than $13.16 an hour, what is
> Bob has to study for four final exams: accounting (A), biology (B), communications (C), and drama (D). (a) If he studies one subject at a time, in how many different ways could he arrange them? (b) List the possible arrangements in the sample space.
> Until 2005, the UPC bar code had 12 digits (0–9). The first six digits represent the manufacturer, the next five represent the product, and the last is a check digit. (a) How many different manufacturers could be encoded? (b) How many different products
> “There is a 20% chance that a new stock offered in an initial public offering (IPO) will reach or exceed its target price on the first day.”
> American Express Business Travel uses a six-letter record locator number (RLN) for each client’s trip (e.g., KEZLFS). (a) How many different RLNs can be created using capital letters (A–Z)? (b) What if they allow any mixture of capital letters (A–Z) and
> (a) Find 20C5 without a calculator. Show your work. (b) Use your calculator to find 20C5. (c) Find 20C5 by entering “20 choose 5” in the Google search window. (d) Which method would you use most often? Why?
> (a) Find 8! without a calculator. Show your work. (b) Use your calculator to find 32!. (c) Find 32! by typing “32!” in the Google search window. (d) Which method would you use most often? Why?
> Half of a set of the parts are manufactured by machine A and half by machine B. Four percent of all the parts are defective. Six percent of the parts manufactured on machine A are defective. Find the probability that a part was manufactured on machine A,
> A study showed that 60 percent of The Wall Street Journal subscribers watch CNBC every day. Of these, 70 percent watch it outside the home. Only 20 percent of those who don’t watch CNBC every day watch it outside the home. Let D be the event “watches CNB
> Of grocery shoppers who have a shopping cart, 70 percent pay by credit/debit card (event C1), 20 percent pay cash (event C2), and 10 percent pay by check (event C3). Of shoppers without a grocery cart, 50 percent pay by credit/debit card (event C1), 40 p
> A die is thrown (1, 2, 3, 4, 5, 6) and a coin is tossed (H, T). (a) Enumerate the elementary events in the sample space for the die/coin combination. (b) Are the elementary events equally likely? Explain.
> For a continuous PDF, why can’t we sum the probabilities of all x-values to get the total area under the curve?
> At a Noodles & Company restaurant, the probability that a customer will order a nonalcoholic beverage is .38. Use Excel to find the probability that in a sample of 5 customers (a) none of the 5 will order a nonalcoholic beverage, (b) at least 2 will, (c)
> Based on the previous problem, is major independent of gender? Explain the basis for your conclusion.
> The contingency table below summarizes a survey of 1,000 bottled beverage consumers. Find the following probabilities or percentages: a. Probability that a consumer recycles beverage bottles. b. Probability that a consumer who lives in a state with a de
> Suppose 50 percent of the customers at Pizza Palooza order a square pizza, 80 percent order a soft drink, and 40 percent order both a square pizza and a soft drink. Is ordering a soft drink independent of ordering a square pizza? Explain.
> A hospital’s backup power system has three independent emergency electrical generators, each with uptime averaging 95 percent (some downtime is necessary for maintenance). Any of the generators can handle the hospital’s power needs. Does the overall reli
> A baseball player bats either left-handed (L) or right-handed (R). The player either gets on base (B) or does not get on base (B9). (a) Enumerate the elementary events in the sample space. (b) Would these elementary events be equally likely? Explain.
> The probability that a student has a Visa card (event V) is .73. The probability that a student has a MasterCard (event M) is .18. The probability that a student has both cards is .03. (a) Find the probability that a student has either a Visa card or a M
> Given P(A) = .40, P(B) = .50, and P(A ∩ B) = .05. (a) Find P(A | B). (b) In this problem, are A and B independent?
> Given P(A) = .40, P(B) = .50. If A and B are independent, find P(A ∩ B).
> Given P(J) = .26, P(K) = .48. If A and B are independent, find P(J ∪ K).
> List more than two events (i.e., categorical events) that might describe the outcome of each situation. a. A student applies for admission to Oxnard University. b. A football quarterback throws a pass. c. A bank customer makes an ATM transaction.
> The credit scores of 35-year-olds applying for a mortgage at Ulysses Mortgage Associates are normally distributed with a mean of 600 and a standard deviation of 100. (a) Find the credit score that defines the upper 5 percent. (b) Seventy-five percent of
> A survey asked tax accounting firms their business form (S 5 sole proprietorship, P 5 partnership, C 5 corporation) and type of risk insurance they carry (L 5 liability only, T 5 property loss only, B 5 both liability and property). (a) Enumerate the ele
> List two mutually exclusive events that describe the possible outcomes of each situation. a. A pharmaceutical firm seeks FDA approval for a new drug. b. A baseball batter goes to bat. c. A woman has a mammogram test.
> Suppose the probability of an IRS audit is 1.7 percent for U.S. taxpayers who file form 1040 and who earned $100,000 or more. (a) What are the odds that such a taxpayer will be audited? (b) What are the odds against such a taxpayer being audited?
> Suppose Samsung ships 21.7 percent of the liquid crystal displays (LCDs) in the world. Let S be the event that a randomly selected LCD was made by Samsung. Find (a) P(S), (b) P(S’), (c) the odds in favor of event S, and (d) the odds against event S.