Documente Academic
Documente Profesional
Documente Cultură
http://www.spinwoop.com/?download=test-bank-ofbasic-statistics-for-business-and-economics-5th-editonby-lind-marchal
c6
Student: ___________________________________________________________________________
1. i. The Empirical Rule of probability can be applied to the uniform probability
distribution.
ii. Areas within a continuous probability distribution represent probabilities.
iii. The total area within a continuous probability distribution is equal to 1.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
2. i. The total area within any continuous probability distribution is equal to 1.00.
ii. For any continuous probability distribution, the probability, P(x), of any value of
the random variable, X, can be computed.
iii. For any discrete probability distribution, the probability, P(x), of any value of the
random variable, X, can be computed.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (ii) and (iii) are correct statements but not (i).
E. (i), (ii), and (iii) are all false statements.
4. i. For any uniform probability distribution, the mean and standard deviation can
be computed by knowing the maximum and minimum values of the random
variable.
ii. In a uniform probability distribution, P(x) is constant between the distribution's
minimum and maximum values.
iii. The uniform probability distribution's shape is a rectangle.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
6. i. The uniform probability distribution is symmetric about the mean and median.
ii. The uniform probability distribution's shape is a rectangle.
iii. In a uniform probability distribution, P(x) is constant between the distribution's
minimum and maximum values.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (ii) and (iii) are correct statements but not (i).
E. (i), (ii), and (iii) are all false statements.
13. A financial advising company has determined that the price-to-earnings ratios
for 20 randomly selected publicly traded companies range between 0.9 and 2.9.
Given that the price-to-earnings ratios are uniformly distributed, what percent of
price-to-earnings ratios are between 1.90 and 2.48?
A. 19%
B. 20%
C. 26%
D. 29%
14. A major credit card company has determined that customers charge between
$100 and $1,100 per month. Given that the average monthly amount charged is
uniformly distributed, what is the standard deviation of the monthly amount
charged?
A. 298.67
B. 275.57
C. 267.88
D. 288.67
15. A major credit card company has determined that customers charge between
$100 and $1,100 per month. Given that the average monthly amount charged is
uniformly distributed, what percent of monthly charges are between $600 and
$889?
A. 28.9%
B. 20.8%
C. 26.2%
D. 29.3%
16. A major credit card company has determined that customers charge between
$100 and $1,100 per month. Given that the average monthly amount charged is
uniformly distributed, what is the probability that a person charges less than $200
per month?
A. 5%
B. 10%
C. 15%
D. 20%
17. A financial advising company has determined that the price-to-earnings ratios
for 20 randomly selected publicly traded companies range between 0.9 and 2.9.
Given that the price-to-earnings ratios are uniformly distributed, what is the
average price-to-earnings ratio?
A. 0.9
B. 1.9
C. 2.9
D. 3.8
18. The upper and lower limits of a uniform probability distribution are
A. positive and negative infinity.
B. plus and minus three standard deviations.
C. 0 and 1.
D. the maximum and minimum values of the random variable.
19. What is an important similarity between the uniform and normal probability
distributions?
20. i. Asymptotic, means that the normal curve gets closer and closer to the X-axis
but never actually touches it.
ii. When referring to the normal probability function, there is not just one of them;
there is a "family" of them.
iii. Some normal probability distributions have equal arithmetic means, but their
standard deviations may be different.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (ii) and (iii) are correct statements but not (i).
E. (i), (ii), and (iii) are all false statements.
22. i. The normal curve falls off smoothly in either direction from the central value.
Since it is asymptotic, the curve gets closer and closer to the X-axis, but never
actually touches it.
ii. The mean () divides the normal curve into two identical halves.
23. i. Asymptotic, means that the normal curve gets closer and closer to the X-axis
but never actually touches it.
ii. When referring to the normal probability function, there is not just one of them;
there is a "family" of them.
iii. Some normal probability distributions have different arithmetic means and
different standard deviations.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (ii) and (iii) are correct statements but not (i).
E. (i), (ii), and (iii) are all false statements.
D. Asymptotic
26. A random variable from an experiment where outcomes are normally distributed
can have
A. any value between - and +
B. only a few discrete values
C. a mean of 0 and a standard deviation of 1
D. no values
28. Which of the following is NOT true regarding the normal distribution?
A. Mean, median and mode are all equal
B. It has a single peak
C. It is symmetrical
D. The points of the curve meet the X-axis at z = -3 and z = 3
29. Two normal distributions are compared. One has a mean of 10 and a standard
deviation of 10. The second normal distribution has a mean of 10 and a standard
deviation of 2. Which of the following is true?
A. The locations of the distributions are different.
B. The distributions are from two different families.
C. The dispersions of the distributions are different.
D. The dispersions of the distributions are the same.
30. i. A z-score is the distance between a selected value (X) and the population
mean () divided by the population standard deviation ( ).
ii. The standard normal distribution is a special normal distribution with a mean of 0
and a standard deviation of 1.
iii. A computed z for X values to the right of the mean is negative.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (i), (ii), and (iii) are all false statements.
33. The mean of a normally distributed group of weekly incomes of a large group of
executives is $1,000 and the standard deviation is $100. What is the z-score for an
income of $1,100?
A. 1.00
B. 2.00
C. 1.683
D. - 0.90
34. Tables of normal distribution probabilities are found in many statistics books.
These probabilities are calculated from a normal distribution with
A. a mean of 1 and a standard deviation of 1.
B. a mean of 100 and a standard deviation of 15.
C. a mean of 0 and a standard deviation of 15.
D. a mean of 0 and a standard deviation of 1.
36. What is the distribution with a mean of 0 and a standard deviation of 1 called?
A. Frequency distribution
B. z-score
C. Standard normal distribution
D. Binomial probability distribution
37. Two competitive brothers, who work in two different industries, were comparing
their salaries. Because there is a difference of 4 years in their respective work
experience, they decided to compare, not their actual salaries, but to compare their
salaries against their company averages to see who is doing better. The following
gives the brothers salaries, companies mean, and standard deviation for each
company.
38. Two competitive brothers, who work in two different industries, were comparing
their salaries. Because there is a difference of 4 years in their respective work
experience, they decided to compare, not their actual salaries, but to compare their
salaries against their company averages to see who is doing better. The following
gives the brothers salaries, companies mean, and standard deviation for each
company.
39. Two competitive brothers, who work in two different industries, were comparing
their salaries. Because there is a difference of 4 years in their respective work
experience, they decided to compare, not their actual salaries, but to compare their
salaries against their company averages to see who is doing better. The following
gives the brothers salaries, companies mean, and standard deviation for each
company.
Which brother earns a higher salary compared to the rest of their colleagues?
A. Tom
B. Andy
C. They both compare the same when measured against their colleagues
D. Unable to determine from the information given
40. Two business major students, in two different sections of economics, were
comparing test scores. The following gives the students' scores, class mean, and
standard deviation for each section.
Which student scored better compared to the rest of their section?
41. 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 100%.
iii. The mean of a normal probability distribution is 500 and the standard deviation is
10.
About 95 percent of the observations lie between 480 and 520.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (i), (ii), and (iii) are all false statements.
42. 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.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (i), (ii), and (iii) are all false statements.
43. i. Disaster Airlines determined that the mean number of passengers per flight is
152 with a standard deviation of ten passengers. Practically all flights have between
142 and 162 passengers.
ii. The total area under the normal curve is less than 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.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (i), (ii), and (iii) are all false statements.
44. For the normal distribution, the mean plus and minus 1.96 standard deviations
will include about what percent of the observations?
A. 50%
B. 99.7%
C. 95%
D. 68%
45. What is the area under the normal curve between z = -1.0 and z = -2.0?
A. 0.0228
B. 0.3413
C. 0.1359
D. 0.4772
46. What is the area under the normal curve between z = 0.0 and z = 2.0?
A. 1.0000
B. 0.7408
C. 0.1359
D. 0.4772
47. What is the proportion of the total area under the normal curve within plus and
minus two standard deviations of the mean?
A. 68%
B. 99.7%
C. 34%
D. 95%
48. 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?
A. 95%
B. 68%
C. 34%
D. 99.7%
49. 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?
50. 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?
A. 0.5000
B. 0.1932
C. 0.4332
D. 0.3413
52. The seasonal output of a new experimental strain of pepper plants was carefully
weighed. The mean weight per plant is 15.0 pounds, and the standard deviation of
the normally distributed weights is 1.75 pounds. Of the 200 plants in the
experiment, how many produced peppers weighing between 13 and 16 pounds?
A. 100
B. 118
C. 197
D. 53
deviation of 2 hours. What percent of the garages take between 32 and 34 hours to
erect?
A. 16.29%
B. 76.71%
C. 3.14%
D. 34.13%
55. The mean of a normal probability distribution is 500 and the standard deviation
is 10. About 95 percent of the observations lie between what two values?
A. 475 and 525
B. 480 and 520
C. 400 and 600
D. 350 and 650
56. The employees of Cartwright Manufacturing are awarded efficiency ratings. The
distribution of the ratings approximates a normal distribution. The mean is 400, the
standard deviation 50. What is the area under the normal curve between 400 and
482?
A. 0.5000
B. 0.4495
C. 0.3413
D. 0.4750
57. 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?
A. 137
B. 273
C. 113
D. 387
58. 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?
A. 170
B. 273
C. 334
D. 387
59. The mean amount of gasoline and services charged by Key Refining Company
credit customers is $70 per month. The distribution of amounts spent is
approximately normal with a standard deviation of $10. What is the probability of
selecting a credit card customer at random and finding the customer charged
between $70 and $83?
A. 0.1962
B. 0.4032
C. 0.3413
D. 0.4750
60. What is the area under the normal curve between z = 0.0 and z = 1.79?
A. 0.4633
B. 0.0367
C. 0.9599
D. 0.0401
61. For a standard normal distribution, what is the probability that z is greater than
1.75?
A. 0.0401
B. 0.0459
C. 0.4599
D. 0.9599
62. 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 less than $45,000?
A. 53
B. 197
C. 303
D. 35
63. 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 more than $55,000?
A. 53
B. 197
C. 303
D. 35
64. The mean amount spent by a family of four on food per month is $500 with a
standard deviation of $75. Assuming that the food costs are normally distributed,
what is the probability that a family spends less than $410 per month?
A. 0.2158
B. 0.8750
C. 0.0362
D. 0.1151
65. The weekly mean income of a group of executives is $1,000 and the standard
deviation of this group is $100. The distribution is normal. What percent of the
executives have an income of $925 or less?
A. About 15%
B. About 85%
C. About 50%
D. About 23%
66. The weights of cans of fruit are normally distributed with a mean of 1,000 grams
and a standard deviation of 50 grams. What percent of the cans weigh 860 grams or
less?
A. About 1%
B. About 84%
C. About 0.26%
D. About 0.01%
67. The mean score of a college entrance test is 500; the standard deviation is 75.
The scores are normally distributed. What percent of the students scored below
320?
A. About 50.82%
B. About 34.13%
C. About 7.86%
D. About 0.82%
71. The driver's seat in most vehicles is set to comfortably fit a person who is at
least 159 cm tall. The distribution of heights of adult women is approximately
normal with a mean of 161.5 cm and a standard deviation of 6.3 cm. Determine the
percentage of women who can be expected to be uncomfortable in the driver's seat
of their car without some sort of an adjustment.
A. 0.3446.
B. 0.1554.
C. 0.6554.
D. 0.8446
72. The average score of 100 students taking a statistics final was 70 with a
standard deviation of 7. Assuming a normal distribution, approximately how many
scored 90 or higher?
A. 0.4979
B. 0.0021
C. 0.9979
D. 2.86
73. The average score of 100 students taking a statistics final was 70 with a
standard deviation of 7. Assuming a normal distribution, approximately how many
scored less than 60?
A. 0.2271
B. 0.3729
C. 0.8929
D. D)-1.14
E. 0.0764
74. The average score of 100 students taking a statistics final was 70 with a
standard deviation of 7. Assuming a normal distribution, approximately how many
scored greater than 65?
A. 0.2611
B. 0.2389
C. 0.7611
D. D)-0.714
75. The net profit from a certain investment is normally distributed with a mean of
$10,000 and a standard deviation of $5,000. The probability that the investor will
not have a net loss is:
A. 0.4772
B. 0.9544
C. 0.0228
D. 0.9772
E. 1.0
76. The net profit from a certain investment is normally distributed with a mean of
$10,000 and a standard deviation of $5,000. The probability that the investor will
have a net loss is:
A. 0.4772
B. 0.9544
C. 0.0228
D. 0.9772
E. 1.0
77. 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. What is the income that separates the top 25% from the lower 75% of the
incomes?
A. $2,680
B. $47,320
C. $50,000
D. $52,680
78. 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. What is the income that separates the top 5% from the lower 95% of the
incomes?
A. $43,420
B. $47,320
C. $56,580
D. $52,680
79. Suppose a tire manufacturer wants to set a mileage guarantee on its new XB 70
tire. Life test revealed that the mean mileage is 47,900 and the standard deviation
of the normally distributed distribution of mileage is 2,050 miles. The manufacturer
wants to set the guaranteed mileage so that no more than 5 percent of the tires will
have to be replaced. What guaranteed mileage should the manufacturer announce?
A. 44,528
B. 32,960
C. 49,621
D. 40,922
81. An analysis of the grades on the first test in History 101 revealed that they
approximate a normal curve with a mean of 75 and a standard deviation of 8. The
instructor wants to award the grade of A to the upper 10 percent of the test grades.
What is the dividing point between an A and a B grade?
A. 80
B. 85
C. 90
D. 95
83. For the standard normal distribution, what z-score corresponds with the 85%
percentile?
A. 0.30
B. 2.05
C. 0.15
D. 1.04
85. From past history, the scores on a statistics test are normally distributed with a
mean of 70% and a standard deviation of 5%. To earn an "A" on the test, a student
must be in the top 5% of the class. What should a student score to receive an "A"?
A. 80.84
B. 75.49
C. 78.2
D. 76.90
86. From past history, the scores on a statistics test are normally distributed with a
mean of 70% and a standard deviation of 5%. To earn a "B" on the test, a student
must be in the top 15% of the class. What should a student score to receive a "B"?
A. 75.18
B. 75.49
C. 81.48
D. 76.90
87. From past history, the scores on a statistics test are normally distributed with a
mean of 70% and a standard deviation of 5%. To earn a "C" on the test, a student
must be in the top 25% of the class. What should a student score to receive a "C"?
A. 77.21
B. 73.37
C. 73.96
D. 76.90
88. Bottomline Ink, a forms management company, fills 100 orders a day with a 2%
error rate in the completed orders. Assume this to be a binomial distribution. What
is the mean for this distribution?
A. 0.02
B. 1.4
C. 2
D. There is no mean for this type of distribution.
89. Bottomline Ink, a forms management company, fills 100 orders a day with a 2%
error rate in the completed orders. Assume this to be a binomial distribution. What
is the standard deviation for this distribution?
A. 0.02
B. 1.4
C. 2
D. There is no standard deviation for this type of distribution.
90. Bottomline Ink, a forms management company, fills 100 orders a day with a 2%
error rate in the completed orders. Assume this to be a binomial distribution. What
is the probability that there will be more than 5 order errors in a given day?
A. 0.0155
B. 0.4838
C. 0.9838
D. 2.1428
95. A new drug has been developed that is found to relieve nasal congestion in 90
percent of those with the condition. The new drug is administered to 300 patients
with the condition. What is the probability that more than 265 will be relieved of
nasal congestion?
A. 0.0916
B. 0.1922
C. 0.8078
D. 0.3078
96. Tabulation of a strike vote showed that 90% of those voting cast their ballot in
favour of strike action. You take a sample of 50 voters. Assume this to be a binomial
distribution.
What is the mean for this distribution?
A. 450
B. 90
C. 45
D. There is no mean for this type of distribution
97. Tabulation of a strike vote showed that 90% of those voting cast their ballot in
favour of strike action. You take a sample of 50 voters. Assume this to be a binomial
distribution.
What is the standard deviation for this distribution?
A. 45
B. 4.5
C. 2.12
D. 20.25
98. Tabulation of a strike vote showed that 90% of those voting cast their ballot in
favour of strike action. You take a sample of 50 voters. Assume this to be a binomial
distribution.
What is the probability that more than 45 of the voters from your sample voted in
favour of strike action?
A. 0.50
B. 0.0948
C. 0.5948
D. 0.4052
99. Tabulation of a strike vote showed that 90% of those voting cast their ballot in
favour of strike action. You take a sample of 50 voters. Assume this to be a binomial
distribution.
What is the probability that fewer than 40 of your sample voters are in favour of
strike action?
A. 0.2594
B. 0.4952
C. 0.0048
D. 0.0091
100. Determine the z-score associated with an area of .1950 from the mean of a
normal distribution to that positive z-score.
A. 0.41
B. 0.51
C. 0.5
D. 0.01
E. -0.41
101. Determine the z-score associated with an area of 0.4925 from the mean of a
normal distribution to that negative z-score.
A. 2.43
B. -2.43
C. -2.4
D. 2.4
E. -2.44
102. Determine the z-score associated with an area of 0.25 from the mean of a
normal distribution to that positive z-score.
A. 0.1368
B. 0.70
C. 0.67
D. 0.68
E. 0.69
103. Determine the z-score associated with an area of 0.48 from the mean of a
normal distribution to that positive z-score.
A. 2.05
B. 2.06
C. 0.1844
D. 0.1808
E. 2.60
104. (i) About 95.5% percent of the area under the normal curve is within plus two
and minus two standard deviations of the mean.
(ii) The normal distribution is a continuous probability distribution.
(iii) In a standard normal distribution, = 0 and = 1.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (i), (ii), and (iii) are all false statements.
105. (i) About 95.5% percent of the area under the normal curve is within plus three
and minus three standard deviations of the mean.
(ii) The normal distribution is a continuous probability distribution.
(iii) In a standard normal distribution, = 0 and = 1.
106. (i) About 95.5% percent of the area under the normal curve is within plus one
and minus one standard deviation of the mean.
(ii) The normal distribution is a continuous probability distribution.
(iii) In a standard normal distribution, = 0 and = 1.
A. (i), (ii), and (iii) are all correct statements
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (ii) and (iii) are correct statements but not (i).
107. (i) The formula to convert any normal distribution to the standard normal
distribution is
(ii) The standardized z value measures distance from the mean in units of standard
deviation.
(iii) The area under a normal curve to the right of a z-score of zero is a proportion of
0.50.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (ii) and (iii) are correct statements but not (i).
108. (i) The formula to convert any normal distribution to the standard normal
distribution is
(ii) The standardized z value measures distance from the mean in units of standard
deviation.
(iii) The area under a normal curve to the right of a z-score of zero is 1.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (ii) and (iii) are correct statements but not (i).
109. (i) The formula to convert any normal distribution to the standard normal
distribution is
(ii) The standardized z value measures distance from the mean in units of standard
deviation.
(iii) The area under a normal curve to the right of a z-score of -1.0 is a proportion of
0.3413.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (ii) and (iii) are correct statements but not (i).
110. (i) The mean of a normal probability distribution is 60 and the standard
deviation is 5. 95.44 percent of observations lie between 50 and 70.
(ii) A z-value of -2.00 indicates that corresponding X value lies to the left of the
mean.
(iii) One of the properties of the normal curve is that it gets closer to the horizontal
axis, but never touches it. This property of the normal curve is called asymptotic.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
111. (i) The mean of a normal probability distribution is 60 and the standard
deviation is 5. 95.44 percent of observations lie between 50 and 60.
(ii) A z-value of -2.00 indicates that corresponding X value lies to the left of the
mean.
(iii) One of the properties of the normal curve is that it gets closer to the horizontal
axis, but never touches it. This property of the normal curve is called asymptotic.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (ii) and (iii) are correct statements but not (i).
112. (i) The mean of a normal probability distribution is 60 and the standard
deviation is 5. 95.44 percent of observations lie between 50 and 75.
(ii) A z-value of -2.00 indicates that corresponding X value lies to the left of the
mean.
(iii) One of the properties of the normal curve is that it gets closer to the horizontal
axis, but never touches it. This property of the normal curve is called asymptotic.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (ii) and (iii) are correct statements but not (i).
113. (i) The proportion of the area under a normal curve to the right of z = -1.21 is
0.8869.
(ii) The proportion of the area under a normal curve to the left of z = 0.50 is 0.6915.
(iii) The proportion of the area under a normal curve to the left of z = -2.10 is
0.0179.
A. (i), (ii), and (iii) are all correct statements.
114. (i) The proportion of the area under a normal curve to the right of z = -1.21 is
0.8869.
(ii) The proportion of the area under a normal curve to the left of z = 0.50 is 0.6941.
(iii) The proportion of the area under a normal curve to the left of z = -2.10 is
0.1179.
A. (i), (ii), and (iii) are all correct statements
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (ii) and (iii) are correct statements but not (i).
115. (i) The proportion of the area under a normal curve to the right of z = -1.21 is
0.8869.
(ii) The proportion of the area under a normal curve to the left of z = 0.50 is 0.1914.
(iii) The proportion of the area under a normal curve to the left of z = -2.10 is
0.0179.
A. (i), (ii), and (iii) are all correct statements
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (ii) and (iii) are correct statements but not (i).
C. 74.7
D. 79.3
E. 75.0
117. A sample of 500 evening students revealed that their annual incomes from
employment in industry during the day were normally distributed with a mean
income of $30,000 and a standard deviation of $3,000.
118. A sample of 500 evening students revealed that their annual incomes from
employment in industry during the day were normally distributed with a mean
income of $30,000 and a standard deviation of $3,000.
119. A sample of 500 evening students revealed that their annual incomes from
employment in industry during the day were normally distributed with a mean
income of $30,000 and a standard deviation of $3,000.
120. A sample of 500 evening students revealed that their annual incomes from
employment in industry during the day were normally distributed with a mean
income of $30,000 and a standard deviation of $3,000.
121. A sample of 500 evening students revealed that their annual incomes from
employment in industry during the day were normally distributed with a mean
income of $30,000 and a standard deviation of $3,000.
122. A sample of 500 evening students revealed that their annual incomes from
employment in industry during the day were normally distributed with a mean
income of $30,000 and a standard deviation of $3,000.
(i) The probability that a loaf of bread is between 20.75 and 23.25 ounces is 0.9876.
(ii) The probability that a loaf of bread is > 21 ounces is 0.9772.
A. (i) and (ii) are correct statements.
B. (i) is a correct statement but not (ii).
C. (ii) is a correct statement but not (i).
D. (i) and (i) are false statements.
130. Two business major students, in two different sections of economics, were
comparing test scores. The following gives the students' scores, class mean, and
standard deviation for each section.
(i) The student from Section 2 scored better compared to the rest of their section.
(ii) The z-score of the student from section 1 is 1.28.
(iii) The z-score of the student from section 2 is 1.87.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (ii) and (iii) are correct statements but not (i).
131. Two business major students, in two different sections of economics, were
comparing test scores. The following gives the students' scores, class mean, and
standard deviation for each section.
(i) The student from Section 2 scored better compared to the rest of their section.
(ii) The z-score of the student from section 1 is 1.82.
(iii) The z-score of the student from section 2 is 1.87.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (ii) and (iii) are correct statements but not (i).
132. Two business major students, in two different sections of economics, were
comparing test scores. The following gives the students' scores, class mean, and
standard deviation for each section.
(i) The student from Section 2 scored better compared to the rest of their section.
(ii) The z-score of the student from section 1 is 1.28.
(iii) The z-score of the student from section 2 is 2.87.
A. (i), (ii), and (iii) are all correct statements.
B. (i) is a correct statement but not (ii) or (iii).
C. (i) and (iii) are correct statements but not (ii).
D. (i) and (ii) are correct statements but not (iii).
E. (ii) and (iii) are correct statements but not (i).
133. One classic use of the normal distribution is inspired by a letter to Dear Abbey
in which a wife claimed to have given birth 308 days after a brief visit from her
husband, who was serving in the Navy. The lengths of pregnancies are normally
distributed with a mean of 268 days and a standard deviation of 15 days. Given this
information.
134. One classic use of the normal distribution is inspired by a letter to Dear Abbey
in which a wife claimed to have given birth 308 days after a brief visit from her
husband, who was serving in the Navy. The lengths of pregnancies are normally
distributed with a mean of 268 days and a standard deviation of 15 days. Given this
information.
135. Assume that human body temperatures are normally distributed with a mean
of 36.4C and a standard deviation of 0.7C. If we define a fever to be a body
temperature above 38.0C.
(i) 01.1% of normal and healthy persons would be considered to have a fever.
(ii) This suggests that a cut-off of 38.0C is appropriate.
A. (i) and (ii) are correct statements.
B. (i) is a correct statement but not (ii).
C. (ii) is a correct statement but not (i).
D. (i) and (ii) are false statements.
136. Replacement times for TV sets are normally distributed with a mean of 8.2
years and a standard deviation of 1.1 years, (based on data from "Getting Things
Fixed," Consumer Reports).
(i) The replacement time that separated the top 20% from the bottom 80% is 9.124
years.
(ii) The probability that a randomly selected TV will be replaced in less than 4.0
years is 0.00.
A. (i) and (ii) are correct statements.
B. (i) is a correct statement but not (ii).
C. (ii) is a correct statement but not (i).
D. (i) and (ii) are false statements.
137. Replacement times for TV sets are normally distributed with a mean of 8.2
years and a standard deviation of 1.1 years, (based on data from "Getting Things
Fixed," Consumer Reports).
(i) The replacement time that separated the top 20% from the bottom 80% is 9.124
years.
(ii) The probability that a randomly selected TV will be replaced in less than 4.0
years is 0.40.
A. (i) and (ii) are correct statements.
B. (i) is a correct statement but not (ii).
C. (ii) is a correct statement but not (i).
D. (i) and (ii) are false statements.
138. Replacement times for TV sets are normally distributed with a mean of 8.2
years and a standard deviation of 1.1 years, (based on data from "Getting Things
Fixed," Consumer Reports).
(i) The replacement time that separated the top 20% from the bottom 80% is 9.124
years.
(ii) The probability that a randomly selected TV will be replaced after more than
10.0 years is 0.0505.
A. (i) and (ii) are correct statements.
B. (i) is a correct statement but not (ii).
C. (ii) is a correct statement but not (i).
139. Replacement times for TV sets are normally distributed with a mean of 8.2
years and a standard deviation of 1.1 years, (based on data from "Getting Things
Fixed," Consumer Reports).
(i) If you want to provide a warranty so that only 3% of the TV sets will be replaced
before the warranty expires, the length of warranty you would recommend would be
6.13 years.
(ii) The probability that a randomly selected TV will be replaced after more than
10.0 years is 0.0505.
A. (i) and (ii) are correct statements.
B. (i) is a correct statement but not (ii).
C. (ii) is a correct statement but not (i).
D. (i) and (ii) are false statements.
B. 8
C. 9
D. 10
E. 6
142. One classic use of the normal distribution is inspired by a letter to Dear Abbey
in which a wife claimed to have given birth 308 days after a brief visit from her
husband, who was serving in the Navy. The lengths of pregnancies are normally
distributed with a mean of 268 days and a standard deviation of 15 days. Given this
information.
143. One classic use of the normal distribution is inspired by a letter to Dear Abbey
in which a wife claimed to have given birth 308 days after a brief visit from her
husband, who was serving in the Navy. The lengths of pregnancies are normally
distributed with a mean of 268 days and a standard deviation of 15 days. Given this
information.
(i) The probability that a loaf of bread is between 20.75 and 23.25 ounces is 0.7662.
(ii) The probability that a loaf of bread is > 21 ounces is 0.9772.
A. (i) and (ii) are correct statements.
B. (i) is a correct statement but not (ii).
C. (ii) is a correct statement but not (i).
D. (i) and (ii) are false statements.