What two properties must be satisfied by a continuous probability distribution / probability curve?
- What two properties must be satisfied by a continuous probability distribution / probability curve?
- Explain what the mean µ tells us about a normal curve, and explain what the standard deviation σ tells us about a normal curve.
- Explain how to compute the z value. What does the z value tell us about the value of the random variable?
- Let x be a normally distributed random variable with µ=30 and σ=5. Find the z value for each of the following observed values of x:
a. X = 25
b. X = 15
c. X = 30
d. X = 40
e. X = 50 - If the random variable z has a standard normal distribution, sketch and find each of the following probabilities.
a. P( 0 < z 2)
c. P( z < 1.7)
d. P( z < -1.6) - Weekly demand at a grocery store for a brand of breakfast cereal is normally distributed with a mean of 800 boxes and a standard deviation of 75 boxes. What is the probability that the weekly demand is:
a. 960 boxes or less?
b. More than 1005 boxes?
c. Between 750 and 850 boxes? - What does the Central Limit Theorem tell us about the sampling distribution and sample mean?
- In each of the following cases, determine whether the sample size n is large enough to say that the sampling distribution of p (p hat) is a normal distribution.
a. P=0.4; n=100
b. P=0.1; n=10
c. P=0.1, n=50
