Answer:
Step-by-step explanation:
$1800 is spent on a washing machine. This number never changes, so we just need to add that to our annual total
$89 is spent every year. This means that this number needs to be with our variable, x, as it is dependent on the number of years that occur. When we put these two things together, we get the following equation:
Answer:
(a) The distribution of (Y - X) is <em>N</em> (0.001, 0.0005).
(b) The probability that the pin will not fit inside the collar is 0.023.
Step-by-step explanation:
The random variable <em>X</em> is defined as the diameter of the pin and the random variable <em>Y</em> is defined as the diameter of the collar.
The distribution of <em>X</em> and <em>Y</em> is:
The random variables <em>X</em> and <em>Y</em> are independent of each other.
(a)
Compute the expected value of (Y - X) as follows:
The mean of (Y - X) is 0.001.
Compute the variance of (Y - X) as follows:
The standard deviation of (Y - X) is 0.0005.
Thus, the distribution of (Y - X) is <em>N</em> (0.001, 0.0005).
(b)
Compute the probability of [(Y - X) ≤ 0] as follows:
*Use a <em>z</em>-table for the probability value.
Thus, the probability that the pin will not fit inside the collar is 0.023.
