Question: 1) Consider two normal independent random variables X and Y with E[X] = 5, E[Y] = 1, E[X 2 ] = 29, E[Y 2 ]

1) Consider two normal independent random variables X and Y with

E[X] = 5, E[Y] = 1, E[X2] = 29, E[Y2] = 5.

Compute the probability

P(3X 2Y + 5).

Hint: a linear combination of independent normal random variables is normal.

2) Small containers to be loaded on a ship have the distribution of weight with mean = 400 lbs and standard deviation = 50 lbs. Independently sampled containers from this population will be loaded on a large ship. What should the cargo load of the ship be to make sure that the probability to hold 10,000 such loaded containers is (4.5) (where is the cumulative distribution function of the standard normal)?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!