Warning: foreach() argument must be of type array|object, bool given in /var/www/html/web/app/themes/studypress-core-theme/template-parts/header/mobile-offcanvas.php on line 20

Suppose x is a binomial random variable with p = .4 and n = 25.

a. Would it be appropriate to approximate the probability distribution of x with a normal distribution? Explain.

b. Assuming that a normal distribution provides an adequate approximation to the distribution of x, what are the mean and variance of the approximating normal distribution?

c. Use Table I in Appendix D to find the exact value of P(x9).

d. Use the normal approximation to find P(x9).

Short Answer

Expert verified
  1. Yes.
  2. The mean of x is 6 and the variance of x is 6.
  3. Px9=0.575
  1. By normal approximation,Px9=0.6591

Step by step solution

01

Given information

x is a binomial random variable withp= 0.4 and n = 25

02

Explanation

a.

Yes. If,np5andn(1-p)5 , the x would be approximate the normal distribution.

So,

np=25×0.4=10

And,

n(1-p)=25×1-0.4=25×0.6=15

So, herenp5andn(1-p)5

Therefore, x would be approximated by normal distribution.

03

Finding the value of mean and variance

b.

Assuming x is the normal distribution, then the mean and variance of approximating normal distribution is,

Mean=np=25×0.4=10Variance=np1-p=25×0.4×1-0.4=25×0.4×0.6=6

Therefore, the mean of x is 10 and the variance of x is 6.

04

Probability calculation

c.

Px9=1-px<9=1-0.425Bybinomialtable=0.575

Therefore, Px9=0.575

05

Calculation when P(x≥9)d.

d.

If x~N0.4,25

Then,

μ=0.4×25=10

And,

σ=np(1-p=25×0.4×(1-0.4)=25×0.4×0.6=2.4495

Then,

role="math" localid="1660280899974" z=x-μσ=9-102.4495=-0.4082

P(z-0.4082)=1-P(z<-0.4082)=1-(1-Pz<0.4082)=1-(1-0.6591)=0.6591

P(x90)=Pz-0.4082=0.6591

Therefore, by the normal approximation,P(x9)=0.6591

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

The random variable x has a normal distribution with μ=1000 and σ=10.

a. Find the probability that x assumes a value more than 2 standard deviations from its mean. More than 3 standard deviations from .μ

b. Find the probability that x assumes a value within 1 standard deviation of its mean. Within 2 standard deviations of μ.

c. Find the value of x that represents the 80th percentile of this distribution. The 10th percentile.

185 Software file updates. Software configuration management was used to monitor a software engineering team’s performance at Motorola, Inc. (Software Quality Professional, Nov. 2004). One of the variables of interest was the number of updates to a file that was changed because of a problem report. Summary statistics forn=421 n = 421 files yielded the following results: role="math" localid="1658219642985" x¯=4.71,s=6.09, QL=1, andQU=6 . Are these data approximately normally distributed? Explain.

Investment risk analysis. The risk of a portfolio of financial assets is sometimes called investment risk. In general, investment risk is typically measured by computing the variance or standard deviation of the probability distribution that describes the decision maker’s potential outcomes (gains or losses). The greater the variation in potential outcomes, the greater the uncertainty faced by the decision maker; the smaller the variation in potential outcomes, the more predictable the decision maker’s gains or losses. The two discrete probability distributions given in the next table were developed from historical data. They describe the potential total physical damage losses next year to the fleets of delivery trucks of two different firms.

Firm A




Firm B



Loss Next Year

Probabiity


Loss Next Year

Probability

0

0.01



0

0


500

0.01



200

0.01


1000

0.01



700

0.02


1500

0.02



1200

0.02


2000

0.35



1700

0.15


2500

0.3



2200

0.3


3000

0.25



2700

0.3


3500

0.02



3200

0.15


4000

0.01



3700

0.02


4500

0.01



4200

0.02


5000

0.01



4700

0.01


a. Verify that both firms have the same expected total physical damage loss.

b. Compute the standard deviation of each probability distribution and determine which firm faces the greater risk of physical damage to its fleet next year.

Shear strength of rock fractures. Understanding the characteristics

of rock masses, especially the nature of the fracturesis essential when building dams and power plants.The shear strength of rock fractures was investigated inEngineering Geology(May 12, 2010). The Joint RoughnessCoefficient (JRC) was used to measure shear strength.Civil engineers collected JRC data for over 750 rock fractures.The results (simulated from information provided in the article) are summarized in the accompanying SPSShistogram. Should the engineers use the normal probabilitydistribution to model the behavior of shear strength forrock fractures? Explain

Given that xis a poisson random variable, computep(x)for each of the following cases:

a.λ=2,x=3

b.λ=1,x=4

c.λ=0.5,x=2

See all solutions

Recommended explanations on Math Textbooks

View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.

Sign-up for free