Problem 1: A National Park Service survey of visitors to the Rocky Mountain region revealed that 50% visit Yellowstone Park, 40% visit the Tetons, and 35% visit both.
1. What is the probability a vacationer will visit at least one of these attractions?
2. What is the probability .35 called?
3. Are the events mutually exclusive?
Problem 2: P(A1) = .20, P(A2) = .40, and P(A3) = .40. P(B1|A1) = .25. P(B1|A2) = .05, and P(B1|A3) = .10.
Use Bayes' theorem to determine P(A3|B1).
Problem 3: Solve the following:
a. 20I/17I
b. 9P 3
c. 7C 2
Problem 4: Which of these variables are discrete and which are continuous random variables?
a. The number of new accounts established by a salesperson in a year.
b. The time between customer arrivals to a bank ATM.
c. The number of customers in Big Nick's barber shop.
d. The amount of fuel in your car's gas tank.
e. The number of minorities on a jury.
f. The outside temperature today.
Problem 5: The U.S. Postal Service reports 95% of first-class mail within the same city is delivered within 2 days of the time of mailing. Six letters are randomly sent to different locations.
- What is the probability that all six arrive within 2 days? (Round your answer to 4 decimal places.)
- What is the probability that exactly five arrive within 2 days? (Round your answer to 4 decimal places.)
- Find the mean number of letters that will arrive within 2 days. (Round your answer to 1 decimal place.)
- Compute the variance of the number that will arrive within 2 days. (Round your answer to 3 decimal places.)
- Compute the standard deviation of the number that will arrive within 2 days. (Round your answer to 4 decimal places.)
Problem 6: In a binomial distribution, n = 12 and π = .60
- Find the probability for x = 5? (Round your answer to 3 decimal places.)
- Find the probability for x ≤ 5? (Round your answer to 3 decimal places.)
- Find the probability for x ≥ 6? (Round your answer to 3 decimal places.)
Problem 7: A population consists of 15 items, 10 of which are acceptable.
In a sample of four items, what is the probability that exactly three are acceptable? Assume the samples are drawn without replacement.
Problem 8: The mean of a normal probability distribution is 60; the standard deviation is 5. (Round your answers to 2 decimal places.)
- About what percent of the observations lie between 55 and 65?
- About what percent of the observations lie between 50 and 70?
- About what percent of the observations lie between 45 and 75?
Problem 9: A normal population has a mean of 12.2 and a standard deviation of 2.5.
- Compute the z value associated with 14.3. (Round your answer to 2 decimal places.)
- What proportion of the population is between 12.2 and 14.3? (Round your answer to 4 decimal places.)
- What proportion of the population is less than 10.0? (Round your answer to 4 decimal places.)
Problem 10: A normal population has a mean of 80.0 and a standard deviation of 14.0.
- Compute the probability of a value between 75.0 and 90.0.
- Compute the probability of a value of 75.0 or less.
- Compute the probability of a value between 55.0 and 70.0.
Problem 11: For the most recent year available, the mean annual cost to attend a private university in the United States was $26,889. Assume the distribution of annual costs follows the normal probability distribution and the standard deviation is $4,500.
Ninety-five percent of all students at private universities pay less than what amount?