In each case, determine the value of the constant c that makes the probability statement correct. (Round your answers to two decimal places.)USE SALT(a) (c) = 0.98343.4X(b) P(0 ≤Z ≤ c) = 0.3133(c)P(CZ) = 0.1190(d) P(-c ≤ Z ≤ c) = 0.6372(e) P(c≤ |Z|) = 0.0128

c=constantZ be the standard normal distribution. Note: According to the Bartleby guidelines experts…

Answered: In each case, determine the value of…

Calculus For The Life Sciences

2nd Edition

ISBN:9780321964038

Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Chapter13: Probability And Calculus

Section13.CR: Chapter 13 Review

Problem 4CR

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The equation below estimates the effect of race on the probability of mortgage denial, holding constant the payment-to-income ratio. Pr(deny = 1|P/I ratio, black) = 0(-2.21 + 2.73P/I ratio + 0,75black) %3! (0.16) (0.45) (0.085) A black mortgage applicant has a PA ratio of 0.39. What is the predicted probability that his application will be denied? The predicted probability that his application will be denied is 34.64 %. (Express your response as a percentage and round to two decimal places) o Suppose that the applicant reduced this ratio to 0.31. What effect would this have on his predicted probability of being denied a mortgage? The predicted probability of being denied a mortgage would decrease by 7.67 percentage points. (Round your response to two decimal places) ck A white mortgage applicant has a P/I ratio of 0.36. What is the predicted probability that his application will be denied? on The predicted probability that his application wil be denied is%. ory (Express your response…
In each case, determine the value of the constant c that makes the probabilitystatement correct.a. Φ(c) = .9838b. P(0 ≤ Z ≤ c) = .291c. P(c ≤ Z) = .121d. P(−c ≤ Z ≤ c) = .668 e.P(c ≤ |Z|) = .016
The equation below estimates the effect of race on the probability of mortgage denial, holding constant the payment-to-income ratio. Pr (deny=1|P/I ratio, black) =(-2.29+2.78P/I ratio +0.71 black) (0.16) (0.46) (0.087) A black mortgage applicant has a P/l ratio of 0.38. What is the predicted probability that his application will be denied? The predicted probability that his application will be denied is%. (Express your response as a percentage and round to two decimal places)
5.76 If two random variables have the joint density 6. (x+y) for 0
In each case, determine the value of the constant c that makes the probability statement correct. (Round your answers to two decimal places.) n USE SALT (a) (c) = 0.9821 (b) P(0 SZSC) = 0.2881 %3D (c) P(c sZ) = 0.1190 (d) P(-c sz sc) = 0.6424 (e) P(c s |Z|) = 0.0128 You may need to use the appropriate table in the Appendix of Tables to answer this question.
Use the given information to find the indicated probability. P(A) = 0.82. Find P(A′).
In each case, determine the value of the constant c that makes the probability statement correct. (Round your answers to two decimal places.) (d) P(−c ≤ Z ≤ c) = 0.6476(e) P(c ≤ |Z|) = 0.0128

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In each case, determine the value of the constant c that makes the probability statement correct. (Round your answers to two decimal places.) USE SALT (a) 3.4 (c) = 0.9834 X (b) P(0 ≤ Z≤ c) = 0.3133 (c) P(CZ) = 0.1190