{"id":86,"date":"2022-06-13T19:51:01","date_gmt":"2022-06-13T19:51:01","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/nhti-introstats\/chapter\/answers-to-selected-exercises-8\/"},"modified":"2022-06-13T19:51:01","modified_gmt":"2022-06-13T19:51:01","slug":"answers-to-selected-exercises-8","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/nhti-introstats\/chapter\/answers-to-selected-exercises-8\/","title":{"raw":"Answers to Selected Exercises","rendered":"Answers to Selected Exercises"},"content":{"raw":"\n1.&nbsp;mean = 4 hours; standard deviation = 1.2 hours; sample size = 16\n\n3.\n\n1. Check student's solution.\n\n2. 3.5, 4.25, 0.2441\n\n5.&nbsp;The fact that the two distributions are different accounts for the different probabilities.\n\n7.\n<ol id=\"fs-idm137132816\" data-number-style=\"lower-alpha\">\n \t<li><em data-effect=\"italics\">\u03a7<\/em> = amount of change students carry<\/li>\n \t<li><em data-effect=\"italics\">\u03a7<\/em> ~ <em data-effect=\"italics\">E<\/em>(0.88, 0.88)<\/li>\n \t<li><span id=\"MathJax-Element-88-Frame\" class=\"MathJax\"><span id=\"MathJax-Span-1180\" class=\"math\"><span id=\"MathJax-Span-1181\" class=\"mrow\"><span id=\"MathJax-Span-1182\" class=\"semantics\"><span id=\"MathJax-Span-1183\" class=\"mrow\"><span id=\"MathJax-Span-1184\" class=\"mover\"><span id=\"MathJax-Span-1185\" class=\"mi\">X<\/span><span id=\"MathJax-Span-1186\" class=\"mo\">\u23af\u23af\u23af<\/span><\/span><\/span><\/span><\/span><\/span><\/span> = average amount of change carried by a sample of 25 sstudents.<\/li>\n \t<li><span class=\"MathJax\"><span id=\"MathJax-Span-1187\" class=\"math\"><span id=\"MathJax-Span-1188\" class=\"mrow\"><span id=\"MathJax-Span-1189\" class=\"semantics\"><span id=\"MathJax-Span-1190\" class=\"mrow\"><span id=\"MathJax-Span-1191\" class=\"mover\"><span id=\"MathJax-Span-1192\" class=\"mi\">X<\/span><span id=\"MathJax-Span-1193\" class=\"mo\">\u23af\u23af\u23af<\/span><\/span><\/span><\/span><\/span><\/span><\/span> ~ <em data-effect=\"italics\">N<\/em>(0.88, 0.176)<\/li>\n \t<li>0.0819<\/li>\n \t<li>0.1882<\/li>\n \t<li>The distributions are different. Part a is exponential and part b is normal.<\/li>\n<\/ol>\n9.\n<ol id=\"fs-idm37918272\" data-number-style=\"lower-alpha\">\n \t<li>length of time for an individual to complete IRS form 1040, in hours.<\/li>\n \t<li>mean length of time for a sample of 36 taxpayers to complete IRS form 1040, in hours.<\/li>\n \t<li><em data-effect=\"italics\">N<\/em><span class=\"MathJax\"><span id=\"MathJax-Span-1229\" class=\"math\"><span id=\"MathJax-Span-1230\" class=\"mrow\"><span id=\"MathJax-Span-1231\" class=\"semantics\"><span id=\"MathJax-Span-1232\" class=\"mrow\"><span id=\"MathJax-Span-1233\" class=\"mrow\"><span id=\"MathJax-Span-1234\" class=\"mrow\"><span id=\"MathJax-Span-1235\" class=\"mo\">(<\/span><span id=\"MathJax-Span-1236\" class=\"mrow\"><span id=\"MathJax-Span-1237\" class=\"mtext\">10<\/span><span id=\"MathJax-Span-1238\" class=\"mtext\">.53,&nbsp;<\/span><span id=\"MathJax-Span-1239\" class=\"mfrac\"><span id=\"MathJax-Span-1240\" class=\"mn\">1<\/span><span id=\"MathJax-Span-1241\" class=\"mn\">3<\/span><\/span><\/span><span id=\"MathJax-Span-1242\" class=\"mo\">)<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n \t<li>Yes. I would be surprised, because the probability is almost 0.<\/li>\n \t<li>No. I would not be totally surprised because the probability is 0.2312<\/li>\n<\/ol>\n11.\n<div id=\"element-848\" class=\"exercise\" data-type=\"exercise\"><section>\n<div class=\"solution ui-solution-visible\" data-type=\"solution\"><section class=\"ui-body\">\n<ol id=\"fs-idm135637024\" data-number-style=\"lower-alpha\">\n \t<li>the length of a song, in minutes, in the collection<\/li>\n \t<li><em data-effect=\"italics\">U<\/em>(2, 3.5)<\/li>\n \t<li>the average length, in minutes, of the songs from a sample of five albums from the collection<\/li>\n \t<li><em data-effect=\"italics\">N<\/em>(2.75, 0.0220)<\/li>\n \t<li>2.74 minutes<\/li>\n \t<li>0.03 minutes<\/li>\n<\/ol>\n<\/section><\/div>\n<\/section><\/div>\n<div class=\"problem\" data-type=\"problem\"><\/div>\n<div class=\"problem\" data-type=\"problem\"><\/div>\n<div class=\"problem\" data-type=\"problem\">\n\n13.\n<ol id=\"fs-idp58516592\" data-number-style=\"lower-alpha\">\n \t<li>True. The mean of a sampling distribution of the means is approximately the mean of the data distribution.<\/li>\n \t<li>True. According to the Central Limit Theorem, the larger the sample, the closer the sampling distribution of the means becomes normal.<\/li>\n \t<li>The standard deviation of the sampling distribution of the means will decrease making it approximately the same as the standard deviation of X as the sample size increases.<\/li>\n<\/ol>\n15.\n<ol id=\"fs-idp55008880\" data-number-style=\"lower-alpha\">\n \t<li><em data-effect=\"italics\">X<\/em> = the yearly income of someone in a third world country<\/li>\n \t<li>the average salary from samples of 1,000 residents of a third world country<\/li>\n \t<li>[latex]\\overline{X}[\/latex]&nbsp;\u223c <em data-effect=\"italics\">N<\/em>[latex]\\left(2000,\\frac{{8000}}{{\\sqrt{1000}}}\\right)[\/latex]<\/li>\n \t<li>Very wide differences in data values can have averages smaller than standard deviations.<\/li>\n \t<li>The distribution of the sample mean will have higher probabilities closer to the population mean.\n<div data-type=\"newline\"><em data-effect=\"italics\">P<\/em>(2000 &lt; [latex]\\overline{X}[\/latex]&lt; 2100) = 0.1537<\/div>\n<div data-type=\"newline\"><em data-effect=\"italics\">P<\/em>(2100 &lt; [latex]\\overline{X}[\/latex]&lt; 2200) = 0.1317<\/div><\/li>\n<\/ol>\n17.&nbsp;[latex]\\displaystyle\\overline{{X}}[\/latex] ~ <em data-effect=\"italics\">N<\/em>(4.59,&nbsp;[latex]\\frac{{0.10}}{{\\sqrt{16}}}[\/latex])\n\n<\/div>\n<h2>The Central Limit Theorem for Sums<\/h2>\n18.&nbsp;0.3345\n\n20.&nbsp;7,833.92\n\n22.&nbsp;0.0089\n\n24.&nbsp;7,326.49\n\n26.&nbsp;77.45%\n\n28.&nbsp;0.4207\n\n30.&nbsp;3,888.5\n\n32.&nbsp;0.8186\n\n34. 5\n\n36.&nbsp;0.9772\n\n38.&nbsp;The sample size, <em data-effect=\"italics\">n<\/em>, gets larger.\n\n40. 49\n\n42.&nbsp;26.00\n\n44.&nbsp;0.1587\n\n46.&nbsp;1,000\n\n49.\n<ol id=\"element-220\" data-number-style=\"lower-alpha\">\n \t<li>the total length of time for nine criminal trials<\/li>\n \t<li><em data-effect=\"italics\">N<\/em>(189, 21)<\/li>\n \t<li>0.0432<\/li>\n \t<li>162.09; ninety percent of the total nine trials of this type will last 162 days or more.<\/li>\n<\/ol>\n51.\n<ol id=\"fs-idm82776816\" data-number-style=\"lower-alpha\">\n \t<li><em data-effect=\"italics\">X<\/em> = the salary of one elementary school teacher in the district<\/li>\n \t<li><em data-effect=\"italics\">X<\/em> ~ <em data-effect=\"italics\">N<\/em>(44,000, 6,500)<\/li>\n \t<li><em data-effect=\"italics\">\u03a3X<\/em> ~ sum of the salaries of ten elementary school teachers in the sample<\/li>\n \t<li><em data-effect=\"italics\">\u03a3X<\/em> ~ <em data-effect=\"italics\">N<\/em>(44000, 20554.80)<\/li>\n \t<li>0.9742<\/li>\n \t<li>$52,330.09<\/li>\n \t<li>466,342.04<\/li>\n \t<li>Sampling 70 teachers instead of ten would cause the distribution to be more spread out. It would be a more symmetrical normal curve.<\/li>\n \t<li>If every teacher received a $3,000 raise, the distribution of <em data-effect=\"italics\">X<\/em> would shift to the right by $3,000. In other words, it would have a mean of $47,000.<\/li>\n<\/ol>\n<h2>Using the Central Limit Theorem<\/h2>\n53.&nbsp;<em data-effect=\"italics\">N<\/em>(25, 0.0577)\n\n55.&nbsp;0.0003\n\n57.&nbsp;25.07\n\n59.\n<ol id=\"fs-idp176981200\" data-number-style=\"lower-alpha\">\n \t<li><em data-effect=\"italics\">N<\/em>(2,500, 5.7735)<\/li>\n \t<li>0<\/li>\n<\/ol>\n61. 10\n\n63. N[latex]\\left(10,\\frac{{10}}{{8}}\\right)[\/latex]\n\n65.&nbsp;0.7799\n\n67.&nbsp;1.69\n\n69.&nbsp;0.0072\n\n74.\n<ol data-number-style=\"lower-alpha\">\n \t<li style=\"list-style-type: none\">\n<ol data-number-style=\"lower-alpha\">\n \t<li><em data-effect=\"italics\">X<\/em> = the closing stock prices for U.S. semiconductor manufacturers<\/li>\n \t<li>i. $20.71; ii. $17.31; iii. 35<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n&nbsp;\n<ol id=\"madeup8\" data-number-style=\"lower-alpha\">\n \t<li>Exponential distribution, <em data-effect=\"italics\">\u03a7 ~ Exp<\/em>[latex]\\left(\\frac{{1}}{{20.71}}\\right)[\/latex]<\/li>\n \t<li>Answers will vary.<\/li>\n \t<li>i. $20.71; ii. $11.14<\/li>\n \t<li>Answers will vary.<\/li>\n \t<li>Answers will vary.<\/li>\n \t<li>Answers will vary.<\/li>\n \t<li>N[latex\\left(20.71,\\frac{{17.31}}{{\\sqrt{5}}}\\right)<\/li>\n<\/ol>\n76.&nbsp;two hours.\n\n78. 40.3\n\n80. almost zero\n\n82.\n<ol id=\"Charter_school_answers\" data-number-style=\"lower-alpha\">\n \t<li>0<\/li>\n \t<li>0.1123<\/li>\n \t<li>0.0162<\/li>\n \t<li>0.0003<\/li>\n \t<li>0.0268<\/li>\n<\/ol>\n85.\n<ol data-number-style=\"lower-alpha\">\n \t<li>Check student\u2019s solution.<\/li>\n \t<li>[latex]\\overline{X}~\\left(60,\\frac{{9}}{{\\sqrt{25}}}\\right)[\/latex]<\/li>\n \t<li>0.5000<\/li>\n \t<li>59.06<\/li>\n \t<li>0.8536<\/li>\n \t<li>0.1333<\/li>\n \t<li><em data-effect=\"italics\">N<\/em>(1500, 45)<\/li>\n \t<li>1530.35<\/li>\n \t<li>0.6877<\/li>\n<\/ol>\n87.\n<ol id=\"fs-idm1040640\" data-number-style=\"lower-alpha\">\n \t<li>$52,330<\/li>\n \t<li>$46,634<\/li>\n<\/ol>\n89.&nbsp;We have\n<ul>\n \t<li><em data-effect=\"italics\">\u03bc<\/em> = 17, \u03c3 = 0.8, [latex]\\overline{x}[\/latex]= 16.7, and <em data-effect=\"italics\">n<\/em> = 30. To calculate the probability, we use normalcdf (lower, upper, [latex]\\mu,\\frac{{\\sigma}}{{\\sqrt{n}}}[\/latex]) = normalcdf [latex]\\left(E-99,16.7,17,\\frac{{0.8}}{{\\sqrt{30}}}\\right)[\/latex] = 20<\/li>\n \t<li>If the process is working properly, then the probability that a sample of 30 batteries would have at most 16.7 lifetime hours is only 2%. Therefore, the class was justified to question the claim.<\/li>\n<\/ul>\n91.\n<ol id=\"fs-idm20614048\" data-number-style=\"lower-alpha\">\n \t<li>For the sample, we have <em data-effect=\"italics\">n<\/em> = 100, [latex]\\overline{x}[\/latex]= 0.862, <em data-effect=\"italics\">s<\/em> = 0.05<\/li>\n \t<li>[latex]\\overline{x}[\/latex]= 85.65, <em data-effect=\"italics\">\u03a3s<\/em> = 5.18<\/li>\n \t<li><code>normalcdf<\/code>(396.9,<em data-effect=\"italics\">E<\/em>99,(465)(0.8565),(0.05)([latex]\\sqrt{465}[\/latex])) \u2248 1<\/li>\n \t<li>Since the probability of a sample of size 465 having at least a mean sum of 396.9 is appproximately 1, we can conclude that Mars is correctly labeling their M&amp;M packages.<\/li>\n<\/ol>\n93.&nbsp;Use normalcdf\n\n[latex]\\left(E-99,1.1,1\\frac{{1}}{{\\sqrt{70}}}\\right)[\/latex]\n\n= 0.7986. This means that there is an 80% chance that the service time will be less than 1.1 hours. It could be wise to schedule more time since there is an associated 20% chance that the maintenance time will be greater than 1.1 hours.\n","rendered":"<p>1.&nbsp;mean = 4 hours; standard deviation = 1.2 hours; sample size = 16<\/p>\n<p>3.<\/p>\n<p>1. Check student&#8217;s solution.<\/p>\n<p>2. 3.5, 4.25, 0.2441<\/p>\n<p>5.&nbsp;The fact that the two distributions are different accounts for the different probabilities.<\/p>\n<p>7.<\/p>\n<ol id=\"fs-idm137132816\" data-number-style=\"lower-alpha\">\n<li><em data-effect=\"italics\">\u03a7<\/em> = amount of change students carry<\/li>\n<li><em data-effect=\"italics\">\u03a7<\/em> ~ <em data-effect=\"italics\">E<\/em>(0.88, 0.88)<\/li>\n<li><span id=\"MathJax-Element-88-Frame\" class=\"MathJax\"><span id=\"MathJax-Span-1180\" class=\"math\"><span id=\"MathJax-Span-1181\" class=\"mrow\"><span id=\"MathJax-Span-1182\" class=\"semantics\"><span id=\"MathJax-Span-1183\" class=\"mrow\"><span id=\"MathJax-Span-1184\" class=\"mover\"><span id=\"MathJax-Span-1185\" class=\"mi\">X<\/span><span id=\"MathJax-Span-1186\" class=\"mo\">\u23af\u23af\u23af<\/span><\/span><\/span><\/span><\/span><\/span><\/span> = average amount of change carried by a sample of 25 sstudents.<\/li>\n<li><span class=\"MathJax\"><span id=\"MathJax-Span-1187\" class=\"math\"><span id=\"MathJax-Span-1188\" class=\"mrow\"><span id=\"MathJax-Span-1189\" class=\"semantics\"><span id=\"MathJax-Span-1190\" class=\"mrow\"><span id=\"MathJax-Span-1191\" class=\"mover\"><span id=\"MathJax-Span-1192\" class=\"mi\">X<\/span><span id=\"MathJax-Span-1193\" class=\"mo\">\u23af\u23af\u23af<\/span><\/span><\/span><\/span><\/span><\/span><\/span> ~ <em data-effect=\"italics\">N<\/em>(0.88, 0.176)<\/li>\n<li>0.0819<\/li>\n<li>0.1882<\/li>\n<li>The distributions are different. Part a is exponential and part b is normal.<\/li>\n<\/ol>\n<p>9.<\/p>\n<ol id=\"fs-idm37918272\" data-number-style=\"lower-alpha\">\n<li>length of time for an individual to complete IRS form 1040, in hours.<\/li>\n<li>mean length of time for a sample of 36 taxpayers to complete IRS form 1040, in hours.<\/li>\n<li><em data-effect=\"italics\">N<\/em><span class=\"MathJax\"><span id=\"MathJax-Span-1229\" class=\"math\"><span id=\"MathJax-Span-1230\" class=\"mrow\"><span id=\"MathJax-Span-1231\" class=\"semantics\"><span id=\"MathJax-Span-1232\" class=\"mrow\"><span id=\"MathJax-Span-1233\" class=\"mrow\"><span id=\"MathJax-Span-1234\" class=\"mrow\"><span id=\"MathJax-Span-1235\" class=\"mo\">(<\/span><span id=\"MathJax-Span-1236\" class=\"mrow\"><span id=\"MathJax-Span-1237\" class=\"mtext\">10<\/span><span id=\"MathJax-Span-1238\" class=\"mtext\">.53,&nbsp;<\/span><span id=\"MathJax-Span-1239\" class=\"mfrac\"><span id=\"MathJax-Span-1240\" class=\"mn\">1<\/span><span id=\"MathJax-Span-1241\" class=\"mn\">3<\/span><\/span><\/span><span id=\"MathJax-Span-1242\" class=\"mo\">)<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li>Yes. I would be surprised, because the probability is almost 0.<\/li>\n<li>No. I would not be totally surprised because the probability is 0.2312<\/li>\n<\/ol>\n<p>11.<\/p>\n<div id=\"element-848\" class=\"exercise\" data-type=\"exercise\">\n<section>\n<div class=\"solution ui-solution-visible\" data-type=\"solution\">\n<section class=\"ui-body\">\n<ol id=\"fs-idm135637024\" data-number-style=\"lower-alpha\">\n<li>the length of a song, in minutes, in the collection<\/li>\n<li><em data-effect=\"italics\">U<\/em>(2, 3.5)<\/li>\n<li>the average length, in minutes, of the songs from a sample of five albums from the collection<\/li>\n<li><em data-effect=\"italics\">N<\/em>(2.75, 0.0220)<\/li>\n<li>2.74 minutes<\/li>\n<li>0.03 minutes<\/li>\n<\/ol>\n<\/section>\n<\/div>\n<\/section>\n<\/div>\n<div class=\"problem\" data-type=\"problem\"><\/div>\n<div class=\"problem\" data-type=\"problem\"><\/div>\n<div class=\"problem\" data-type=\"problem\">\n<p>13.<\/p>\n<ol id=\"fs-idp58516592\" data-number-style=\"lower-alpha\">\n<li>True. The mean of a sampling distribution of the means is approximately the mean of the data distribution.<\/li>\n<li>True. According to the Central Limit Theorem, the larger the sample, the closer the sampling distribution of the means becomes normal.<\/li>\n<li>The standard deviation of the sampling distribution of the means will decrease making it approximately the same as the standard deviation of X as the sample size increases.<\/li>\n<\/ol>\n<p>15.<\/p>\n<ol id=\"fs-idp55008880\" data-number-style=\"lower-alpha\">\n<li><em data-effect=\"italics\">X<\/em> = the yearly income of someone in a third world country<\/li>\n<li>the average salary from samples of 1,000 residents of a third world country<\/li>\n<li>[latex]\\overline{X}[\/latex]&nbsp;\u223c <em data-effect=\"italics\">N<\/em>[latex]\\left(2000,\\frac{{8000}}{{\\sqrt{1000}}}\\right)[\/latex]<\/li>\n<li>Very wide differences in data values can have averages smaller than standard deviations.<\/li>\n<li>The distribution of the sample mean will have higher probabilities closer to the population mean.\n<div data-type=\"newline\"><em data-effect=\"italics\">P<\/em>(2000 &lt; [latex]\\overline{X}[\/latex]&lt; 2100) = 0.1537<\/div>\n<div data-type=\"newline\"><em data-effect=\"italics\">P<\/em>(2100 &lt; [latex]\\overline{X}[\/latex]&lt; 2200) = 0.1317<\/div>\n<\/li>\n<\/ol>\n<p>17.&nbsp;[latex]\\displaystyle\\overline{{X}}[\/latex] ~ <em data-effect=\"italics\">N<\/em>(4.59,&nbsp;[latex]\\frac{{0.10}}{{\\sqrt{16}}}[\/latex])<\/p>\n<\/div>\n<h2>The Central Limit Theorem for Sums<\/h2>\n<p>18.&nbsp;0.3345<\/p>\n<p>20.&nbsp;7,833.92<\/p>\n<p>22.&nbsp;0.0089<\/p>\n<p>24.&nbsp;7,326.49<\/p>\n<p>26.&nbsp;77.45%<\/p>\n<p>28.&nbsp;0.4207<\/p>\n<p>30.&nbsp;3,888.5<\/p>\n<p>32.&nbsp;0.8186<\/p>\n<p>34. 5<\/p>\n<p>36.&nbsp;0.9772<\/p>\n<p>38.&nbsp;The sample size, <em data-effect=\"italics\">n<\/em>, gets larger.<\/p>\n<p>40. 49<\/p>\n<p>42.&nbsp;26.00<\/p>\n<p>44.&nbsp;0.1587<\/p>\n<p>46.&nbsp;1,000<\/p>\n<p>49.<\/p>\n<ol id=\"element-220\" data-number-style=\"lower-alpha\">\n<li>the total length of time for nine criminal trials<\/li>\n<li><em data-effect=\"italics\">N<\/em>(189, 21)<\/li>\n<li>0.0432<\/li>\n<li>162.09; ninety percent of the total nine trials of this type will last 162 days or more.<\/li>\n<\/ol>\n<p>51.<\/p>\n<ol id=\"fs-idm82776816\" data-number-style=\"lower-alpha\">\n<li><em data-effect=\"italics\">X<\/em> = the salary of one elementary school teacher in the district<\/li>\n<li><em data-effect=\"italics\">X<\/em> ~ <em data-effect=\"italics\">N<\/em>(44,000, 6,500)<\/li>\n<li><em data-effect=\"italics\">\u03a3X<\/em> ~ sum of the salaries of ten elementary school teachers in the sample<\/li>\n<li><em data-effect=\"italics\">\u03a3X<\/em> ~ <em data-effect=\"italics\">N<\/em>(44000, 20554.80)<\/li>\n<li>0.9742<\/li>\n<li>$52,330.09<\/li>\n<li>466,342.04<\/li>\n<li>Sampling 70 teachers instead of ten would cause the distribution to be more spread out. It would be a more symmetrical normal curve.<\/li>\n<li>If every teacher received a $3,000 raise, the distribution of <em data-effect=\"italics\">X<\/em> would shift to the right by $3,000. In other words, it would have a mean of $47,000.<\/li>\n<\/ol>\n<h2>Using the Central Limit Theorem<\/h2>\n<p>53.&nbsp;<em data-effect=\"italics\">N<\/em>(25, 0.0577)<\/p>\n<p>55.&nbsp;0.0003<\/p>\n<p>57.&nbsp;25.07<\/p>\n<p>59.<\/p>\n<ol id=\"fs-idp176981200\" data-number-style=\"lower-alpha\">\n<li><em data-effect=\"italics\">N<\/em>(2,500, 5.7735)<\/li>\n<li>0<\/li>\n<\/ol>\n<p>61. 10<\/p>\n<p>63. N[latex]\\left(10,\\frac{{10}}{{8}}\\right)[\/latex]<\/p>\n<p>65.&nbsp;0.7799<\/p>\n<p>67.&nbsp;1.69<\/p>\n<p>69.&nbsp;0.0072<\/p>\n<p>74.<\/p>\n<ol data-number-style=\"lower-alpha\">\n<li style=\"list-style-type: none\">\n<ol data-number-style=\"lower-alpha\">\n<li><em data-effect=\"italics\">X<\/em> = the closing stock prices for U.S. semiconductor manufacturers<\/li>\n<li>i. $20.71; ii. $17.31; iii. 35<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<ol id=\"madeup8\" data-number-style=\"lower-alpha\">\n<li>Exponential distribution, <em data-effect=\"italics\">\u03a7 ~ Exp<\/em>[latex]\\left(\\frac{{1}}{{20.71}}\\right)[\/latex]<\/li>\n<li>Answers will vary.<\/li>\n<li>i. $20.71; ii. $11.14<\/li>\n<li>Answers will vary.<\/li>\n<li>Answers will vary.<\/li>\n<li>Answers will vary.<\/li>\n<li>N[latex]\\overline{X}~\\left(60,\\frac{{9}}{{\\sqrt{25}}}\\right)[\/latex]<\/li>\n<li>0.5000<\/li>\n<li>59.06<\/li>\n<li>0.8536<\/li>\n<li>0.1333<\/li>\n<li><em data-effect=\"italics\">N<\/em>(1500, 45)<\/li>\n<li>1530.35<\/li>\n<li>0.6877<\/li>\n<\/ol>\n<p>87.<\/p>\n<ol id=\"fs-idm1040640\" data-number-style=\"lower-alpha\">\n<li>$52,330<\/li>\n<li>$46,634<\/li>\n<\/ol>\n<p>89.&nbsp;We have<\/p>\n<ul>\n<li><em data-effect=\"italics\">\u03bc<\/em> = 17, \u03c3 = 0.8, [latex]\\overline{x}[\/latex]= 16.7, and <em data-effect=\"italics\">n<\/em> = 30. To calculate the probability, we use normalcdf (lower, upper, [latex]\\mu,\\frac{{\\sigma}}{{\\sqrt{n}}}[\/latex]) = normalcdf [latex]\\left(E-99,16.7,17,\\frac{{0.8}}{{\\sqrt{30}}}\\right)[\/latex] = 20<\/li>\n<li>If the process is working properly, then the probability that a sample of 30 batteries would have at most 16.7 lifetime hours is only 2%. Therefore, the class was justified to question the claim.<\/li>\n<\/ul>\n<p>91.<\/p>\n<ol id=\"fs-idm20614048\" data-number-style=\"lower-alpha\">\n<li>For the sample, we have <em data-effect=\"italics\">n<\/em> = 100, [latex]\\overline{x}[\/latex]= 0.862, <em data-effect=\"italics\">s<\/em> = 0.05<\/li>\n<li>[latex]\\overline{x}[\/latex]= 85.65, <em data-effect=\"italics\">\u03a3s<\/em> = 5.18<\/li>\n<li><code>normalcdf<\/code>(396.9,<em data-effect=\"italics\">E<\/em>99,(465)(0.8565),(0.05)([latex]\\sqrt{465}[\/latex])) \u2248 1<\/li>\n<li>Since the probability of a sample of size 465 having at least a mean sum of 396.9 is appproximately 1, we can conclude that Mars is correctly labeling their M&amp;M packages.<\/li>\n<\/ol>\n<p>93.&nbsp;Use normalcdf<\/p>\n<p>[latex]\\left(E-99,1.1,1\\frac{{1}}{{\\sqrt{70}}}\\right)[\/latex]<\/p>\n<p>= 0.7986. This means that there is an 80% chance that the service time will be less than 1.1 hours. It could be wise to schedule more time since there is an associated 20% chance that the maintenance time will be greater than 1.1 hours.<\/p>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-86\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Shared previously<\/div><ul class=\"citation-list\"><li>Introductory Statistics . <strong>Authored by<\/strong>: Barbara Illowski, Susan Dean. <strong>Provided by<\/strong>: Open Stax. <strong>Located at<\/strong>: <a target=\"_blank\" href=\"http:\/\/cnx.org\/contents\/30189442-6998-4686-ac05-ed152b91b9de@17.44\">http:\/\/cnx.org\/contents\/30189442-6998-4686-ac05-ed152b91b9de@17.44<\/a>. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em>. <strong>License Terms<\/strong>: Download for free at http:\/\/cnx.org\/contents\/30189442-6998-4686-ac05-ed152b91b9de@17.44<\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":395986,"menu_order":6,"template":"","meta":{"_candela_citation":"[{\"type\":\"cc\",\"description\":\"Introductory Statistics \",\"author\":\"Barbara Illowski, Susan Dean\",\"organization\":\"Open Stax\",\"url\":\"http:\/\/cnx.org\/contents\/30189442-6998-4686-ac05-ed152b91b9de@17.44\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"Download for free at http:\/\/cnx.org\/contents\/30189442-6998-4686-ac05-ed152b91b9de@17.44\"}]","CANDELA_OUTCOMES_GUID":"","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-86","chapter","type-chapter","status-publish","hentry"],"part":80,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/nhti-introstats\/wp-json\/pressbooks\/v2\/chapters\/86","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/nhti-introstats\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/nhti-introstats\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/nhti-introstats\/wp-json\/wp\/v2\/users\/395986"}],"version-history":[{"count":0,"href":"https:\/\/courses.lumenlearning.com\/nhti-introstats\/wp-json\/pressbooks\/v2\/chapters\/86\/revisions"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/nhti-introstats\/wp-json\/pressbooks\/v2\/parts\/80"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/nhti-introstats\/wp-json\/pressbooks\/v2\/chapters\/86\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/nhti-introstats\/wp-json\/wp\/v2\/media?parent=86"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/nhti-introstats\/wp-json\/pressbooks\/v2\/chapter-type?post=86"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/nhti-introstats\/wp-json\/wp\/v2\/contributor?post=86"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/nhti-introstats\/wp-json\/wp\/v2\/license?post=86"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}