A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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- In 2000, the average height of a woman aged 20-74 years was 64 inches with an increase of approximately 1 inch from 1960. Suppose the height of a woman is normally distributed with a standard deviation of two inches. • What is the probability that a randomly selected woman in this population is between 64 inches and 70 inches? • What is the probability that one woman selected at random from this population all exceed 70 inches? O a. NONE Ob.0.9973, 6.0042 x 10-9 Oc 0.0973, 0.0228 Od.0.4987, 0.0013arrow_forward5.28 Risks and insurance. The idea of insurance is that we all face risks that are unlikely but carry high cost. Think of a fire destroying your home. So we form a group to share the risk: we all pay a small amount, and the insurance policy pays a large amount to those few of us whose homes burn down. An insurance company looks at the records for millions of homeowners and sees that the mean loss from fire in a year is μ = $250 per house and that the standard deviation of the loss is σ = $1000. (The distribution of losses is extremely right-skewed: most people have $0 loss, but a few have large losses.) The company plans to sell fire insurance for $250 plus enough to cover its costs and profit. If the company sells 25,000 policies, what is the approximate probability that the average loss in a year will be greater than $270?arrow_forwardThe level of nitrogen oxides (NOX) and nonmethane organic gas (NMOG) in the exhaust over the useful life (150,000150,000 miles of driving) of cars of a particular model varies Normally with mean 8080 mg/mi and standard deviation 66 mg/mi. A company has 1616 cars of this model in its fleet. Using Table A, find the level ?L such that the probability that the average NOX + NMOG level ?¯x¯ for the fleet greater than ?L is only 0.030.03 ? (Enter your answer rounded to three decimal places. If you are using CrunchIt, adjust the default precision under Preferences as necessary. See the instructional video on how to adjust precision settings.)arrow_forward
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- A First Course in Probability (10th Edition)ProbabilityISBN:9780134753119Author:Sheldon RossPublisher:PEARSON
A First Course in Probability (10th Edition)
Probability
ISBN:9780134753119
Author:Sheldon Ross
Publisher:PEARSON