Pyrite is also called fool's gold because it is often mistaken for gold. Ryan finds a pyrite crystal that is shaped like a cube
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Answer:
Probability that the company wins project A or project B is 0.50.
Step-by-step explanation:
We are given that a company is bidding on two projects, A and B. The probability that the company wins project A is 0.40 and the probability that the company wins project B is 0.25.
Also, Winning project A and winning project B are independent events.
Let the Probability of winning project A = P(A) = 0.40
Probability of winning project B = P(B) = 0.25
<u>Now, as we know that ;</u>
Probability that the company wins project A or project B =
So, we have to find the value of Probability of winning project A and B, i.e;
<em>Since, we are given that Winning project A and winning project B are independent events which means when this condition is given then;</em>
= 0.40 0.25 = 0.10
Now, Probability that the company wins project A or project B is given by;
= 0.40 + 0.25 - 0.10
= 0.65 - 0.10 = 0.55
Hence, probability that the company wins project A or project B is 0.50.
Answer:
a) The percentage of snails that take more than 60 hours to finish is 4.75%.
b) The relative frequency of snails that take less than 60 hours to finish is 95.25%.
c) The proportion of snails that take between 60 and 67 hours to finish is 4.52%.
d) 0% probability that a randomly-chosen snail will take more than 76 hours to finish
e) To be among the 10% fastest snails, a snail must finish in at most 42.32 hours.
f) The most typical 80% of snails take between 42.32 and 57.68 hours to finish.
Step-by-step explanation:
Problems of normally distributed samples are solved using the z-score formula.
In a set with mean and standard deviation
, the zscore 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 pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:
a. The percentage of snails that take more than 60 hours to finish is
This is 1 subtracted by the pvalue of Z when X = 60.
has a pvalue 0.9525
1 - 0.9525 = 0.0475
The percentage of snails that take more than 60 hours to finish is 4.75%.
b. The relative frequency of snails that take less than 60 hours to finish is
This is the pvalue of Z when X = 60.
has a pvalue 0.9525
The relative frequency of snails that take less than 60 hours to finish is 95.25%.
c. The proportion of snails that take between 60 and 67 hours to finish is
This is the pvalue of Z when X = 67 subtracted by the pvalue of Z when X = 60.
X = 67
has a pvalue 0.9977
X = 60
has a pvalue 0.9525
0.9977 - 0.9525 = 0.0452
The proportion of snails that take between 60 and 67 hours to finish is 4.52%.
d. The probability that a randomly-chosen snail will take more than 76 hours to finish (to four decimal places)
This is 1 subtracted by the pvalue of Z when X = 76.
has a pvalue of 1
1 - 1 = 0
0% probability that a randomly-chosen snail will take more than 76 hours to finish
e. To be among the 10% fastest snails, a snail must finish in at most hours.
At most the 10th percentile, which is the value of X when Z has a pvalue of 0.1. So it is X when Z = -1.28.
To be among the 10% fastest snails, a snail must finish in at most 42.32 hours.
f. The most typical 80% of snails take between and hours to finish.
From the 50 - 80/2 = 10th percentile to the 50 + 80/2 = 90th percentile.
10th percentile
value of X when Z has a pvalue of 0.1. So X when Z = -1.28.
90th percentile.
value of X when Z has a pvalue of 0.9. So X when Z = 1.28
The most typical 80% of snails take between 42.32 and 57.68 hours to finish.
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