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

A housing company builds houses with two-car garages. What percent of households have more cars than the garage can hold? (a) 13%

(b) 20%

(c) 45%

(d) 55%

(e) 80%

Short Answer

Expert verified

The percent of households have more cars than the garage can hold is option (b)20%.

Step by step solution

01

Given Information

The probability model if we ignore the few households that own more than 5 cars.

02

Explanation

We must calculate the percentage of homes with more cars than the (two-car) garage can accommodate, which equals toX>2

Add the corresponding probabilities:

localid="1649915803257" P(X>2)=P(X=3)+P(X=4)+P(X=5)=0.13+0.05+0.02=0.20=20%

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

79. Sowing seeds Refer to Exercise 69.

(a) Find the probability that exactly17 seeds germinate. Show your work.
(b) If only 12seeds actually germinate, should Judy be suspicious that the companyโ€™s claim is not true? Compute P(Xโ‰ค12)and use this result to support your answer.

Ms. Hall gave her class a 10-question multiple-choice quiz. Let X=the number of questions that a randomly selected student in the class answered correctly. The computer output below gives information about the probability distribution of X. To determine each studentโ€™s grade on the quiz (out of localid="1649489099543" 100), Ms. Hall will multiply his or her number of correct answers by 10. Let localid="1649489106434" G=the grade of a randomly chosen student in the class.

localid="1649489113566" NMeanMedianStDevMinMaxQ1Q3307.68.51.3241089

(a) Find the mean of localid="1649489121120" G. Show your method.

(b) Find the standard deviation of localid="1649489127059" G. Show your method.

(c) How do the variance of localid="1649489132289" Xand the variance oflocalid="1649489138146" Gcompare? Justify your answer.

North Carolina State University posts the grade distributions for its courses online.3Students in Statistics 101in a recent semester received 26%A42%Bs,20%Cs,10%Ds,and2%Fs. Choose a Statistics 101student at random. The studentโ€™s grade on a four-point scale (with A=4) is a discrete random variable Xwith this probability distribution:

Sketch a graph of the probability distribution. Describe what you see .

A large auto dealership keeps track of sales made during each hour of the day. Let X= the number of cars sold during the ๏ฌrst hour of business on a randomly selected Friday. Based on previous records, the probability distribution of Xis as follows:

The random variable Xhas mean ฮผX=1.1and standard deviation ฯƒX=0.943.

To encourage customers to buy cars on Friday mornings, the manager spends 75to provide coffee and doughnuts. The managerโ€™s net pro๏ฌt Ton a randomly selected Friday is the bonus earned minus this 75. Find the mean and standard deviation ofT.

Life insurance A life insurance company sells a term insurance policy to a21-year-old male that pays 100,000if the insured dies within the next 5years. The probability that a randomly chosen male will die each year can be found in mortality tables. The company collects a premium of 250each year as payment for the insurance. The amount Y that the company earns on this policy is 250per year, less the 100,000that it must pay if the insured dies. Here is a partially completed table that shows information about risk of mortality and the values of Y=profit earned by the company:

(a) Copy the table onto your paper. Fill in the missing values of Y.

(b) Find the missing probability. Show your work.

(c) Calculate the mean ฮผY. Interpret this value in context.

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