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Statistics for Business and Economics Study Set 5
Quiz 6: Discrete Probability Distributions
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Question 41
Multiple Choice
i. For a normal probability distribution, about 95 percent of the area under normal curve is within Plus and minus two standard deviations of the mean and practically all (99.73 percent) of the area Under the normal curve is within three standard deviations of the mean. ii. The total area under the normal curve is 1. iii. The mean of a normal probability distribution is 500 and the standard deviation is 10. About 68 Percent of the observations lie between 480 and 520.
Question 42
Multiple Choice
An accelerated life test on a large number of type-D alkaline batteries revealed that the mean life For a particular use before they failed is 19.0 hours. The distribution of the lives approximated a Normal distribution. The standard deviation of the distribution was 1.2 hours. About 95.44 percent of The batteries failed between what two values?
Question 43
Multiple Choice
What is the area under the normal curve between z = 0.0 and z = 1.79?
Question 44
Multiple Choice
A sample of 500 evening students revealed that their annual incomes were normally distributed With a mean income of $50,000 and a standard deviation of $4,000. How many students earned Between $47,000 and $53,000?
Question 45
Multiple Choice
The mean of a normal distribution is 400 kg. The standard deviation is 10 kg. What is the area Between 415 kg and the mean of 400 kg?
Question 46
Multiple Choice
What is the area under the normal curve between z = 0.0 and z = 2.0?
Question 47
Multiple Choice
The distribution of the annual incomes of a group of middle management employees approximated A normal distribution with a mean of $37,200 and a standard deviation of $800. About 68 percent of The incomes lie between what two incomes?
Question 48
Multiple Choice
What is the area under the normal curve between z = -1.0 and z = -2.0?
Question 49
Multiple Choice
A national manufacturer of unattached garages discovered that the distribution of the lengths of Time it takes two construction workers to erect the Red Barn model is approximately normally Distributed with a mean of 32 hours and a standard deviation of 2 hours. What percent of the Garages take between 32 and 34 hours to erect?
Question 50
Multiple Choice
A sample of 500 evening students revealed that their annual incomes were normally distributed With a mean income of $50,000 and a standard deviation of $4,000. How many students earned Between $45,000 and $53,000?
Question 51
Multiple Choice
A new extended-life light bulb has an average service life of 750 hours, with a standard deviation of 50 hours. If the service life of these light bulbs approximates a normal distribution, about what Percent of the distribution will be between 600 hours and 900 hours?
Question 52
Multiple Choice
The annual commissions per salesperson employed by a manufacturer of light machinery averaged $40,000 with a standard deviation of $5,000. What percent of the sales persons earn between $32,000 and $42,000?