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Essentials of Business Statistics Study Set 1
Quiz 6: Continuous Random Variables
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Question 21
Multiple Choice
If the random variable X has a mean of µ and a standard deviation σ,then (X - µ) /σ has a mean and standard deviation respectively:
Question 22
Multiple Choice
The normal approximation of the binomial distribution is appropriate when:
Question 23
Multiple Choice
If the wages of workers for a given company are normally distributed with a mean of $15 per hour,then the proportion of the workers earning more than $13 per hour:
Question 24
Multiple Choice
Values of the standard normal random variable are measured:
Question 25
Multiple Choice
The area under the normal curve between z = 0 and z = 1 is ________________ the area under the normal curve between z = 1 and z = 2.
Question 26
Multiple Choice
The mean life of a pair of shoes is 40 months with a standard deviation of 8 months.If the life of the shoes is normally distributed,how many pairs of shoes out of one million will need replacement before 36 months?
Question 27
Multiple Choice
A study shows that employees that begin their workday at 9:00 a.m.vary their times of arrival uniformly from 8:40 a.m.to 9:30 a.m.The probability that a randomly chosen employee reports to work between 9:00 and 9:10 is: