Volume of a cone is 6pi cubic inches. What is the volume of a cylinder having the same base and same height? Explain your reason
1 answer:
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Answer:
Two diameters that separate the top 4% and the bottom 4% are 5.77 and 5.53 respectively.
Step-by-step explanation:
We are given that the diameters of bolts produced in a machine shop are normally distributed with a mean of 5.65 millimeters and a standard deviation of 0.07 millimeters.
<em>Let X = diameters of bolts produced in a machine shop</em>
So, X ~ N()
The z score probability distribution is given by;
Z = ~ N(0,1)
where, = population mean
= standard deviation
<u>Now, we have to find the two diameters that separate the top 4% and the bottom 4%.</u>
- Firstly, Probability that the diameter separate the top 4% is given by;
P(X > x) = 0.04
P( >
) = 0.04
P(Z > ) = 0.04
<em>So, the critical value of x in z table which separate the top 4% is given as 1.7507, which means;</em>
= 1.7507
= 5.65 + 0.122549 = 5.77
- Secondly, Probability that the diameter separate the bottom 4% is given by;
P(X < x) = 0.04
P( <
) = 0.04
P(Z < ) = 0.04
<em>So, the critical value of x in z table which separate the bottom 4% is given as -1.7507, which means;</em>
= -1.7507
= 5.65 - 0.122549 = 5.53
Therefore, the two diameters that separate the top 4% and the bottom 4% are 5.77 and 5.53 respectively.
Answer:
0.0228 = 2.28% probability that a randomly selected firm will earn more than Arc did last year
Step-by-step explanation:
Normal Probability Distribution:
Problems of normal distributions can be solved using the z-score formula.
In a set with mean and standard deviation
, the z-score of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.
Suppose the mean income of firms in the same industry as Arc for a year is 45 million dollars with a standard deviation of 7 million dollars
This means that
What is the probability that a randomly selected firm will earn more than Arc did last year?
Arc earned 59 million, so this is 1 subtracted by the pvalue of Z when X = 59.
has a pvalue of 0.9772
1 - 0.9772 = 0.0228
0.0228 = 2.28% probability that a randomly selected firm will earn more than Arc did last year