Question: Let X be a normally distributed random variable with mean
Let X be a normally distributed random variable with mean 600 and variance 10,000. Find two values x1 and x2 such that P(X > x1) = 0.01 and P(X < x2) = 0.05.
Answer to relevant QuestionsPierre operates a currency exchange office at Orly Airport in Paris. His office is open at night when the airport bank is closed, and he makes most of his business on returning U.S. tourists who need to change their ...The daily price of coffee is approximately normally distributed over a period of 15 days with a mean in April 2007 of $1.35 per pound (on the wholesale market) and standard deviation of $0.15. Find a price such that the ...According to Fortune, Missouri is within 500 miles of 44% of all U.S. manufacturing plants.8 If a Missouri company needs parts manufactured in 122 different plants, what is the probability that at least half of them can be ...Weekly rates of return (on an annualized basis) for certain securities over a given period are believed to be normally distributed with mean 8.00% and variance 0.25. Give two values x1 and x2 such that you are 95% sure that ...Typing speed on a new kind of keyboard for people at a certain stage in their training program is approximately normally distributed. The probability that the speed of a given trainee will be greater than 65 words per minute ...
Post your question