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guajiro [1.7K]
3 years ago
12

The time to fly between New York City and Chicago is uniformly distributed with a minimum of 120 minutes and a maximum of 150 mi

nutes. A. What is the probability that a flight is more than 140 minutes?B. What is the distribution's mean? C. What is the distribution's standard deviation? D. What is the probability that a flight is less than 135 minutes?
Mathematics
1 answer:
lara [203]3 years ago
4 0

Answer:

a) 33.33%)

b) 135 minutes

c) 8.66 min

d) 50%

Step-by-step explanation:

a) the probability for a uniform distribution is

P(b<X<a) = (a-b)/(c-d) , where c and d are the maximum and minimum values

therefore the probability that the flight is more than 140 minutes ( and less than 150 since it is the maximum value)

P(140<X<150) = (a-b)/(c-d) = (150-140)/(150-120) = 10/30 = 1/3 (33.33%)

b) the mean (expected value) for a uniform probability distribution is

E(X) = (c+d)/2 = (120+150)/2 = 135 minutes

c)  the standard deviation for a uniform probability distribution is

σ²(X)= (c-d)²/12 = (150-120)²/12 = 75 min²

σ = √75 min² = 8.66 min

b) following the same procedure as in a)

P(120<X<135) = (a-b)/(c-d) = (135-120)/(150-120) = 15/30 = 1/2 (50%)

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Answer:

Step-by-step explanation:

4x = 38

x= 38/ 4

x = 9 1/2

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Step-by-step explanation:

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3 years ago
According to the National Association of Colleges and Employers, the average starting salary for new college graduates in health
katen-ka-za [31]

Answer:

a) The probability that a new college graduate in business will earn a starting salary of at least $65,000 is P=0.22965 or 23%.

b) The probability that a new college graduate in health sciences will earn a starting salary of at least $65,000 is P=0.11123 or 11%.

c) The probability that a new college graduate in health sciences will earn a starting salary of less than $40,000 is P=0.14686 or 15%.

d) A new college graduate in business have to earn at least $77,133 in order to have a starting salary higher than 99% of all starting salaries of new college graduates in the health sciences.

Step-by-step explanation:

<em>a. What is the probability that a new college graduate in business will earn a starting salary of at least $65,000?</em>

For college graduates in business, the salary distributes normally with mean salary of $53,901 and standard deviation of $15,000.

To calculate the probability of earning at least $65,000, we can calculate the z-value:

z=\frac{x-\mu}{\sigma} =\frac{65000-53901}{15000} =0.74

The probability is then

P(X>65,000)=P(z>0.74)=0.22965

The probability that a new college graduate in business will earn a starting salary of at least $65,000 is P=0.22965 or 23%.

<em>b. What is the probability that a new college graduate in health sciences will earn a starting salary of at least $65,000?</em>

<em />

For college graduates in health sciences, the salary distributes normally with mean salary of $51,541 and standard deviation of $11,000.

To calculate the probability of earning at least $65,000, we can calculate the z-value:

z=\frac{x-\mu}{\sigma} =\frac{65000-51541}{11000} =1.22

The probability is then

P(X>65,000)=P(z>1.22)=0.11123

The probability that a new college graduate in health sciences will earn a starting salary of at least $65,000 is P=0.11123 or 11%.

<em>c. What is the probability that a new college graduate in health sciences will earn a starting salary less than $40,000?</em>

To calculate the probability of earning less than $40,000, we can calculate the z-value:

z=\frac{x-\mu}{\sigma} =\frac{40000-51541}{11000} =-1.05

The probability is then

P(X

The probability that a new college graduate in health sciences will earn a starting salary of less than $40,000 is P=0.14686 or 15%.

<em />

<em>d. How much would a new college graduate in business have to earn in order to have a starting salary higher than 99% of all starting salaries of new college graduates in the health sciences?</em>

The z-value for the 1% higher salaries (P>0.99) is z=2.3265.

The cut-off salary for this z-value can be calculated as:

X=\mu+z*\sigma=51,541+2.3265*11,000=51,541+25,592=77,133

A new college graduate in business have to earn at least $77,133 in order to have a starting salary higher than 99% of all starting salaries of new college graduates in the health sciences.

8 0
3 years ago
Mr. Nicholson accepts a job that pays an annual salary of $60,000. In his employment contract, he is given the option of choosin
Andre45 [30]

Answer:

1. Arithmetic: Add 3,500

The annual raise of 3,500 means add 3,500 to the previous year's salary

60,000 + 3,500 = 63,500

63,500 + 3,500 =  67,000

67,000 + 3,500 = 70,500

70,500 + 3,500 = 74,000

74,000 + 3,500 = 77,500

Geometric: Multiply by 1.05

The annual raise by 5% of his current salary means multiply by 1.05.

60,000 x 1.05 = 63,000

63,000 x 1.05 = 66,150

66,150 x 1.05 = 69,457.50

69,457.50 x 1.05 = 72,930.38 rounded

72,930.375 x 1.05 = 76,576.89

The first sequence is arithmetic because we add the same number (3,500) to the preceding term. The second sequence is geometric because we multiply the preceding term by the same number always (1.05.)

2a. Arithmetic - New salary is $3,500 greater each year than last year's salary

S = 60,000 + 3500(n-1)

Geometric - New salary is 5% more each year than last year's salary

60,000 + (1.05)^(n-1)

2b. Arithmetic Earnings over 3 years

60,000 + 63,500 + 67,000 = 190,500

Geometric Earnings over 3 years

60,000 + 63,000 + 66,150 = 189,150

There is a 1,000 dollar difference. In this case, the arithmetic increase of 3,500 dollars would be better for Mr. Nicholson. 1,000 dollars may or may not be considered a big difference. In my opinion, I'd say there is a slight difference between the two

3.Arithmetic

a(9) = 3,500 + a(9-1)

a(9) = 3,500 + 89,000

a(9) = 92,500

Geometric

a(9) = 1.05 x a(9-1)

a(9) = 1.05 x 84,425.90

a(9) = 88,647.20

4. In this case, both the 3 year and 9 year time frames favor the arithmetic increase of $3,500. At 3 years, he would have 190,500 compared to the geometric salary of 189,150. However, this is a small difference. If he is going to be at the company for 9 years, then definitely he should choose the first opportunity. 92,500 is significantly more money than 88,647.20. So, longer time frames only make the first opportunity, which is better to begin with, shine even more.

Step-by-step explanation:

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