The distance between major cracks in a highway follows an exponential distribution with a mean of 5 miles. a. What is the probability that there are no major cracks in a 10-mile stretch of the highway? b. What is the probability that there are two major cracks in a 10-mile stretch of the highway? c. What is the standard deviation of the distance between major cracks? d. What is the probability that the first major crack occurs between 12 and 15 miles of the start of inspection? e. What is the probability that there are no major cracks in two separate 5-mile stretches of the highway? f. Given that there are no cracks in the first 5 miles inspected, what is the probability that there are no major cracks in the next 10 miles inspected?
> X and Y are independent, normal random variables with E(X) = 2, V(X) = 5, E(Y) = 6, and V(Y) = 8. Determine the following: a. E(3X + 2Y) b. V(3X + 2Y) c. P(3X + 2Y < 18) d. P(3X + 2Y < 28)
> In a data communication system, several messages that arrive at a node are bundled into a packet before they are transmitted over the network. Assume that the messages arrive at the node according to a Poisson process with λ = 30 messages per minute. Fiv
> For the Transaction Processing Performance Council’s benchmark in Exercise 5.1.6, let X, Y, and Z denote the average number of selects, updates, and inserts operations required for each type of transaction, respectively. Calculate the following: a. Corre
> Patients are given a drug treatment and then evaluated. Symptoms either improve, degrade, or remain the same with probabilities 0.4, 0.1, 0.5, respectively. Assume that four independent patients are treated and let X and Y denote the number of patients w
> Determine the value for c and the covariance and correlation for the joint probability mass function fXY (x, y) = c(x + y) for x = 1, 2, 3 and y = 1, 2, 3.
> Determine the covariance and correlation for the following joint probability distribution:
> Determine the cumulative distribution function for the distribution in Exercise 4.1.3.
> Determine the cumulative distribution function for the distribution in Exercise 4.1.1.
> Suppose that the cumulative distribution function of the random variable X is Determine the following: a. P(X b. P(X > 1.5) c. P(X d. P(X > 6)
> Determine the cumulative distribution function for the random variable in Exercise 4.1.8. Use the cumulative distribution function to determine the probability that 400 < X < 500.
> Determine the cumulative distribution function for the random variable in Exercise 4.1.9. Use the cumulative distribution function to determine the probability that the waiting time is less than 1 hour.
> Determine the cumulative distribution function for the random variable in Exercise 4.1.10. Use the cumulative distribution function to determine the probability that the random variable is less than 55.
> The time between arrivals of customers at an automatic teller machine is an exponential random variable with a mean of 5 minutes. a. What is the probability that more than three customers arrive in 10 minutes? b. What is the probability that the time unt
> Consider the joint distribution in Exercise 5.1.10. Determine the following: a. fY | 2(y) b. E(Y | X = 2) c. V(Y | X = 2) d. Are X and Y independent?
> Determine the value of c that makes the function f (x, y) = c(x + y) a joint probability density function over the range 0 < x < 3 and x < y < x + 2. Determine the following: a. P(X < 1, Y < 2) b. P(1 < X < 2) c. P(Y > 1) d. P(X < 2, Y < 2) e. E(X) f.
> An article in Chemosphere [“Statistical Evaluations Reflecting the Skewness in the Distribution of TCDD Levels in Human Adipose Tissue” (1987, Vol. 16(8), pp. 2135–2140)] concluded that the levels of 2,3,7,8-TCDD (colorless persistent environmental conta
> An article in AppliedMathematics and Computation [“Confidence Intervals for Steady State Availability of a System with Exponential Operating Time and Lognormal Repair Time” (2003, Vol. 137(2), pp. 499–509)] considered the long-run availability of a syste
> An article in Journal of Hydrology [“Use of a Lognormal Distribution Model for Estimating Soil Water Retention Curves from Particle-Size Distribution Data” (2006, Vol. 323(1), pp. 325–334)] considered a lognormal distribution model to estimate water rete
> Suppose that the length of stay (in hours) at a hospital emergency department is modeled with a lognormal random variable X with θ = 1.5 and ω = 0.4. Determine the following in parts (a) and (b): a. Mean and variance b. P(X < 8) c. Comment on the differe
> An article in Health and Population: Perspectives and Issues (2000, Vol. 23, pp. 28–36) used the lognormal distribution to model blood pressure in humans. The mean systolic blood pressure (SBP) in males age 17 was 120.87 mm Hg. If the coefficient of vari
> The lifetime of a semiconductor laser has a lognormal distribution, and it is known that the mean and standard deviation of lifetime are 10,000 and 20,000, respectively. a. Calculate the parameters of the lognormal distribution. b. Determine the probabil
> Suppose that X has a lognormal distribution and that the mean and variance of X are 100 and 85,000, respectively. Determine the parameters θ and ω2 of the lognormal distribution. [Hint: Define u = exp(θ) and v = exp(ω2) and write two equations in terms o
> The length of time (in seconds) that a user views a page on a Web site before moving to another page is a lognormal random variable with parameters θ = 0.5 and ω2 = 1. a. What is the probability that a page is viewed for more than 10 seconds? b. By what
> Rawmaterials are studied for contamination. Suppose that the number of particles of contamination per pound of material is a Poisson random variable with a mean of 0.01 particle per pound. a. What is the expected number of pounds of material required to
> Suppose that X has a lognormal distribution with parameters θ = 2 and ω2 = 4. Determine the following in parts (a) and (b): a. P(X < 500) b. Conditional probability that X < 1500 given that X > 1000 c. What does the difference between the probabilities i
> Suppose that X has a lognormal distribution with parameters θ = 5 and ω2 = 9. Determine the following: a. P(X < 13,300) b. Value for x such that P(X ≤ x) = 0.95 c. Mean and variance of X
> Determine the mean and variance of the random variable in Exercise 4.1.8.
> Determine the mean and variance of the random variable in Exercise 4.1.1.
> Suppose that f (x) = 0.125x for 0 < x < 4. Determine the mean and variance of X.
> Suppose that f (x) = 1.5x2 for −1 < x < 1. Determine the mean and variance of X.
> The thickness of a conductive coating in micrometers has a density function of 600x−2 for 100 μm < x < 120 μm. a. Determine the mean and variance of the coating thickness. b. If the coating costs $0.50 per micrometer of thickness on each part, what is th
> Suppose that the probability density function of the length of computer cables is f (x) = 0.1 from 1200 to 1210 millimeters. a. Determine the mean and standard deviation of the cable length. b. If the length specifications are 1195 < x < 1205 millimeters
> Determine the mean and variance of the random variable in Exercise 4.1.10.
> Suppose that the random variables X, Y, and Z have the joint probability density function fXYZ(x, y, z) = c over the cylinder x2 + y2 < 4 and 0 < z < 4. Determine the constant c so that fXYZ(x, y, z) is a probability density function. Determine the follo
> Calls to a telephone system follow a Poisson process with a mean of five calls per minute. a. What is the name applied to the distribution and parameter values of the time until the 10th call? b. What is the mean time until the 10th call? c. What is the
> Suppose that the random variables X, Y, and Z have the joint probability density function f (x, y, z) = 8xyz for 0 < x < 1, 0 < y < 1, and 0 < z < 1. Determine the following: a. P(X < 0.5) b. P(X < 0.5, Y < 0.5) c. P(Z < 2) d. P(X < 0.5 or Z < 2) e. E(
> Suppose that the random variables X, Y, and Z have the following joint probability distribution. Determine the following: a. P(X = 2) b. P(X = 1, Y = 2) c. P(Z d. P(X = 1 or Z = 2) e. E(X) f. P(X = 1 | Y = 1) g. P(X = 1, Y = 1 | Z = 2) h. P(X = 1 | Y
> For the Transaction Processing Performance Council’s benchmark in Exercise 5.1.6, let X, Y, and Z denote the average number of selects, updates, and inserts operations required for each type of transaction, respectively. Calculate the following: a. fXYZ(
> The systolic and diastolic blood pressure values (mm Hg) are the pressures when the heart muscle contracts and relaxes (denoted as Y and X, respectively). Over a collection of individuals, the distribution of diastolic pressure is normal with mean 73 and
> An article in Clinical Infectious Diseases [“Strengthening the Supply of Routinely Administered Vaccines in the United States: Problems and Proposed Solutions” (2006, Vol. 42(3), pp. S97–S103)] reported that recommended vaccines for infants and children
> An article in Health Economics [“Estimation of the TransitionMatrix of a Discrete-TimeMarkov Chain” (2002, Vol. 11, pp. 33–42)] considered the changes in CD4 white blood cell counts from one month to
> The lengths of the minor and major axes are used to summarize dust particles that are approximately elliptical in shape. Let X and Y denote the lengths of theminor andmajor axes (inmicrometers), respectively. Suppose that fX(x) = exp (−x), 0 < x and the
> A manufacturer of electroluminescent lamps knows that the amount of luminescent ink deposited on one of its products is normally distributed with a mean of 1.2 grams and a standard deviation of 0.03 gram. Any lamp with less than 1.14 grams of luminescent
> Consider the joint distribution in Exercise 5.1.4. Determine the following: a. fY | 3(y) b. E(Y | X = 3) c. V(Y | X = 3)
> Consider the joint distribution in Exercise 5.1.1. Determine the following: a. Conditional probability distribution of Y given that X = 1.5 b. Conditional probability distribution of X that Y = 2 c. E(Y | X = 1.5) d. Are X and Y independent?
> Given the probability density function f (x) = 0.013x2e−0.01x/Γ(3), determine the mean and variance of the distribution.
> The conditional probability distribution of Y given X = x is fY|x(y) = xe−xy for y > 0, and the marginal probability distribution of X is a continuous uniform distribution over 0 to 10. a. Graph fY|x(y) = xe−xy for y > 0 for several values of x. Determin
> Thewaiting time for service at a hospital emergency department (in hours) follows a distribution with probability density function f (x) = 0.5 exp(−0.5x) for 0 < x.Determine the following: a. P(X < 0.5) b. P(X > 2) c. Value x (in hours) exceeded with pr
> The probability density function of the length of a metal rod is f (x) = 2 for 2.3 < x < 2.8 meters. a. If the specifications for this process are from 2.25 to 2.75 meters, what proportion of rods fail to meet the specifications? b. Assume that the proba
> The time between arrivals of taxis at a busy intersection is exponentially distributed with a mean of 10 minutes. a. What is the probability that you wait longer than 1 hour for a taxi? b. Suppose that you have already been waiting for 1 hour for a taxi.
> The number of stork sightings on a route in South Carolina follows a Poisson process with a mean of 2.3 per year. a. What is the mean time between sightings? b. What is the probability that there are no sightings within three months (0.25 years)? c. What
> The time between calls to a plumbing supply business is exponentially distributed with a mean time between calls of 15 minutes. a. What is the probability that there are no calls within a 30-minute interval? b. What is the probability that at least one c
> The life of automobile voltage regulators has an exponential distribution with a mean life of 6 years. You purchase a 6-year-old automobile with a working voltage regulator and plan to own it for 6 years. a. What is the probability that the voltage regul
> Suppose that the log-ons to a computer network follow a Poisson process with an average of three counts per minute. a. What is the mean time between counts? b. What is the standard deviation of the time between counts? c. Determine x such that the probab
> Suppose that X has an exponential distribution with a mean of 10. Determine the following: a. P(X < 5) b. P(X < 15 | X > 10) c. Compare the results in parts (a) and (b) and comment on the role of the lack of memory property.
> The total service time of a multistep manufacturing operation has a gamma distribution with mean 18 minutes and standard deviation 6. a. Determine the parameters λ and r of the distribution. b. Assume that each step has the same distribution for service
> Suppose that X has an exponential distribution with mean equal to 10. Determine the following: a. P(X > 10) b. P(X > 20) c. P(X < 30) d. Find the value of x such that P(X < x) = 0.95.
> An article in Vaccine [“Modeling the Effects of Influenza Vaccination of Health Care Workers in Hospital Departments” (2009, Vol. 27(44), pp. 6261–6267)] considered the immunization of healthcare workers to reduce the hazard rate of influenza virus infec
> An article in Ad Hoc Networks [“Underwater Acoustic Sensor Networks: Target Size Detection and Performance Analysis” (2009, Vol. 7(4), pp. 803–808)] discussed an underwater acoustic sensor network to monitor a given area in an ocean. The network does not
> An article in the Journal of the National Cancer Institute [“Breast Cancer Screening Policies in Developing Countries: A Cost-Effectiveness Analysis for India” (2008, Vol. 100(18), pp. 1290–1300)] presented a screening analysis model of breast cancer bas
> The length of stay at a specific emergency department in a hospital in Phoenix, Arizona, had a mean of 4.6 hours. Assume that the length of stay is exponentially distributed. a. What is the standard deviation of the length of stay? b. What is the probabi
> Suppose that the construction of a solar power station is initiated. The project’s completion time has not been set due to uncertainties in financial resources. The completion time for the first phase is modeled with a beta distribution and the minimum,
> An allele is an alternate form of a gene, and the proportion of alleles in a population is of interest in genetics. An article in BMC Genetics [“Calculating Expected DNA Remnants from Ancient Founding Events in Human Population Genetics” (2008, Vol. 9, p
> The maximum time to complete a task in a project is 2.5 days. Suppose that the completion time as a proportion of this maximum is a beta random variable with α = 2 and β = 3. What is the probability that the task requires more than two days to complete?
> The length of stay at a hospital emergency department is the sum of the waiting and service times. Let X denote the proportion of time spent waiting and assume a beta distribution with α = 10 and β = 1. Determine the following: a. P(X > 0.9) b. P(X < 0.5
> European standard value for a low-emission window glazing uses 0.59 as the proportion of solar energy that enters a room. Suppose that the distribution of the proportion of solar energy that enters a room is a beta random variable. a. Calculate the mode,
> Use the properties of the gamma function to evaluate the following: a. Γ(6) b. Γ(5/2) c. Γ(9/2)
> Suppose that X has a beta distribution with parameters α = 2.5 and β = 2.5. Sketch an approximate graph of the probability density function. Is the density symmetric?
> Suppose that x has a beta distribution with parameters α = 2.5 and β = 1. Determine the following: a. P(X < 0.25) b. P(0.25 < X < 0.75) c. Mean and variance
> If the random variable X has an exponential distribution with mean θ, determine the following: a. P(X > θ) b. P(X > 2θ) c. P(X > 3θ) d. How do the results depend on θ?
> Derive the formula for the mean and variance of an exponential random variable.
> The time between calls to a corporate office is exponentially distributed with a mean of 10 minutes. a. What is the probability that there are more than three calls in one-half hour? b. What is the probability that there are no calls within one-half hour
> The time between arrivals of small aircraft at a county airport is exponentially distributed with a mean of one hour. a. What is the probability that more than three aircraft arrive within an hour? b. If 30 separate one-hour intervals are chosen, what is
> According to results from the analysis of chocolate bars in Chapter 3, the mean number of insect fragments was 14.4 in 225 grams. Assume that the number of fragments follows a Poisson distribution. a. What is the mean number of grams of chocolate until a
> Powermeters enable cyclists to obtain power measurements nearly continuously. The meters also calculate the average power generated over a time interval. Professional riders can generate 6.6 watts per kilogram of body weight for extended periods of time.
> Derive the probability density function for a lognormal random variable Y from the relationship that Y = exp(W) for a normal random variable W with mean θ and variance ω2.
> An article in Mathematical Biosciences [“Influence of Delayed Viral Production on Viral Dynamics in HIV-1 Infected Patients” (1998, Vol. 152(2), pp. 143–163)] considered the time delay between the initial infection by immunodeficiency virus type 1 (HIV-1
> A random variable X has the Poisson distribution a. Show that the moment-generating function is b. Use MX(t) to find the mean and variance of the Poisson random variable.
> Jennifer Olde calls you requesting an explanation of the fact-finding determination of a Federal Court of Appeals. Prepare a letter to be sent to Jenni fer answering this query. Her address is 3246 Highland Dri ve, Clifton, VA 20124.
> Interpret each of the following citations. a. Temp.Reg.§ 1.707-5T(a)(2). b. Rev.Rul. (l()-11, 1960-1 C.B. 174 c. TAM 8837003.
> Where can a researcher find newly issued Proposed, final, and Temporary Regulations?
> Why are certain Code Section numbers missing from the Internal Revenue Code (e.g., §§ 6, 7, 8, 9. 10)?
> Is § 212(1) a proper Code Section citation? Why or why not?
> Determine the subparts of§ 1563(a)(l ) (A).
> If a tax bill is vetoed by the President, the provisions cannot become law. Evaluate this statement.
> Federal tax legislation generally originates in the Senate Finance Committee. Comment on the validity of this statement.
> Explain the continuity of interest concept.
> List some tax provisions used to deter affluent taxpayers from obtaining preferential tax treatment.
> In general, what is the limitation on the deductibility of business interest expense? What happens to any business interest deduction disallowed under the limitation?
> Contrast the tax treatment between a community property state and a common law state.
> Why is there a grace period for contributions to a Keogh retirement plan?
> Aqua Corporation purchases nonresidential real property on May 8, 2015, for $1 million. Straight-line cost recovery is taken in the amount of $89,765 before the property is sold on November 30, 2018, for $1.5 million. a. Compute the amount of Aqua's reco
> Diego transfers real estate with an adjusted basis of $260,000 and fair market value of $350,000 to a newly formed corporation in exchange for 100% of the stock. The corporation assumes the liability on the transferred real estate in the amount of $300,0
> Fargo Corporation distributes property (basis of $260,000 and fair market value of $310,000) to a shareholder. Fargo Corporation has sufficient E & P for its distributions. What are the tax consequences of this distribution to Fargo?
> Henry, a freelance driver, finds passengers using various platforms such as Uber and Grubhub. He is single and has no other sources of income. In 2018, Henry's net income from driving is S61,000. Con1pute Henry's QBI Deduction and his tax liability.
> Jason and Paula are married. They file a joint return for 2018 on which they report taxable income before the QBI deduction of $200,000. Jason operates a sole proprietorship, and Paula is a partner in the PQRS Partnership. Both are a qualified trade or b
> Thad, a single taxpayer, has taxable income before the QBI deduction of $187,500. Thad, a CPA, operates an accounting practice as a single member LLC (which he reports as a sole proprietorship). During 2018, his proprietorship reports net income of $150,
> Maria and Javier are the equal partners in Maria, a partnership that is a qualifying trade or business. In the current year, Maria had $350,000 of ordinary income after reporting $500,000 in guaranteed payments to Maria and Javier for their services to M
> Robert is the sole shareholder and CEO of ABC, Inc., an S corporation that is a qualified trade or business. During the current year, ABC has net income of$325,000 after deducting Robert's Sl 00,000 salary. In addition to his compensation, ABC pays Rober
> Orion Corporation's board of directors decides to distribute property to its shareholders rather than pay a cash dividend. Why might Orion's board make this decision?