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Solution Chapter6 New

This document contains examples of calculating probabilities using the standard normal distribution. It provides the probabilities for various z-scores and asks the reader to find probabilities for scenarios involving normally distributed data, such as credit card debt, computer prices, and college costs.

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John Michael Omao
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12 views4 pages

Solution Chapter6 New

This document contains examples of calculating probabilities using the standard normal distribution. It provides the probabilities for various z-scores and asks the reader to find probabilities for scenarios involving normally distributed data, such as credit card debt, computer prices, and college costs.

Uploaded by

John Michael Omao
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Chapter 6, Ex.

6‐1
In Exercises 27, 29, 31, 33 and 39, find the probabilities for each, using
the standard normal distribution.
(27)

P (0 < Z < 0.67)


= 0.2486

(29)

P (‐1.57 < Z < 0)


= 0.4418

(31)

P ( Z > 2.83)
0.5 ‐ 0.4977 = 0.0023

(33)

P ( Z < ‐1.21)
0.5 ‐ 0.3869 = 0.1131

(39)

P ( Z < 1.42)
0.5 + 0.4222 = 0.9222

49. Find two z values, one positive and one negative that are equidistant
from the mean so that the areas in the two tails total the following values.
a. 5%
c. 1%
(49.a)
α/2 = 0.01/2 = 0.005
P ( 0 < Z < Z0 )
P ( 0 < Z < Z0) = 0.5 ‐ 0.005
P ( 0 < Z < Z0) = 0.4950
Z0 = 2.58
(49.b)
α/2 = 0.05/2 = 0.025
P ( 0 < Z < Z0 )
P ( 0 < Z < Z0) = 0.5 ‐ 0.025
P ( 0 < Z < Z0) = 0.4750
Z0 = 1.96

Chapter 6, Ex. 6‐2


11. Credit Card Debt The average credit card debt for college seniors
is $3262. If the debt is normally distributed with a standard deviation of
$1100, find these probabilities.
a. That the senior owes at least $1000
b. That the senior owes more than $4000
c. That the senior owes between $3000 and $4000
(11.a)
P ( X ≥ 1000)
1000 3262
P
1100

P ( Z ≥ ‐2.06)
0.5 + 0.4803 = 0.9803
(11.b)
P ( X > 4000)
4000 3262
P
1100

P ( Z > 0.67)
0.5 ‐ 0.2486 = 0.2514
(11.c)
P ( 3000 < X < 4000)
3000 3262
P
1100
4000 3262
1100

P ( ‐0.24 < Z < 0.67)


0.0948 + 0.2486 = 0.3434

21. Cost of Personal Computers. The average price of a personal


computer (PC) is $949. If the computer prices are approximately
normally distributed and = $100, what is the probability that a
randomly selected PC costs more than $1200? The least expensive 10%
of personal computers cost less than what amount?

(21.a)
P ( X > 1200)
1200 949
P
100

P ( Z > 2.51)
0.5 ‐ 0.4940 = 0.006
(21.b)

P ( Z < ‐ Z0) = 0.1


0.5 ‐ P (0 < Z < Z0) = 0.1
P (0 < Z < Z0) = 0.5 ‐ 0.1 = 0.40
Z0 = 1.28

= ‐1.28

= ‐1.28

X ‐ 949 = ‐128
X = 821
Chapter 6, Ex. 6‐3
9. College Costs. The mean undergraduate cost for tuition, fees, room,
and board for four-year institutions was $26,489 for a recent academic
year. Suppose that = $3204 and 36 four-year institutions are
randomly selected. Find the probability that the sample mean cost for
these 36 schools is
a. Less than $25,000
b. Greater than $26,000
c. Between $24,000 and $26,000
(9.a)
P ( < 25000)
25000 26489
P
3204
√ √36

P ( Z < ‐2.79)
0.5 ‐ 0.4974 = 0.0026
(9.b)
P ( > 26000)
26000 26489
P
3204
√ √36

P ( Z > ‐0.92)
0.5 + 0.3212 = 0.8212
(9.c)
P 24000 26000
P
√ √

P ( ‐4.66 < Z < ‐0.92)


= P ( Z < ‐0.92)
0.5 ‐ 0.3212 = 0.1788

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