1. The annual sales or a large company is uniformly distributed from Php 500.000 to Php 800.000....
Question:
1. The annual sales or a large company is uniformly distributed from Php 500.000 to Php 800.000. At Php 600.000 the company breaks even A turning the peso sales is measured to any degree of accuracy.
a. What is the probability that the company makes a profit?
b. What is the probability that sales is between Php 650,000 and Php 750,000?
c. What would be the expected annual peso sales?
2. A train arrives at a station every hour between 1:00p.m. and 9:00p.m. What is the probability that a man entering the station between 1:00p.m. and 2:00p.m. will have to wait for at least 15 minutes?
3. The distribution of personal daily water usage in a large city is uniformly distributed with a mean of 20 gallons and a variance of 4. What is the probability that
a. At least 18 gallons is used in a particular day?
b. At least 18 is used for 2 days in a particular week?
4. The heights of engineering students arc normally distributed with a mean of 64 inches and a standard deviation of 6 inches. What is the probability that an engineering student selected will have a height of
a. Less than 62 inches?
b. More than 62 inches?
c. Between 55.2 and 71.3 inches?