What is the midpoint of a line segment with the end points (8,-3) and (-5,-9)
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Answer: 0.2
Step-by-step explanation:
We know that , the probability density function for uniform distribution is given buy :-
, where x is uniformly distributed in interval [a,b].
Given : The time to process a loan application follows a uniform distribution over the range of 8 to 13 days.
Let x denotes the time to process a loan application.
So the probability distribution function of x for interval[8,13] will be :-
Now , the probability that a randomly selected loan application takes longer than 12 days to process will be :-
Hence, the probability that a randomly selected loan application takes longer than 12 days to process = 0.2