The length of time it takes students to complete a statistics examination is uniformly distributed and varies between 40 and 60 minutes

a. Find the mathematical expression for the probability density function.
b. Compute the probability that a student will take between 45 and 50 minutes to complete the examination.
c. Compute the probability that a student will take no more than 40 minutes to complete the examination.
d. What is the expected amount of time it takes a student to complete the examination?
e. What is the variance for the amount of time it takes a student to complete the examination?


a. f(x) = 0.05 for 40 ? x ? 60; zero elsewhere
b. 0.25
c. 0.00
d. 50 minutes
e. 33.33

Business

You might also like to view...

Which of the following is TRUE regarding the MTM approach?

A) A performance rating factor greater than 1.0 means the worker under observation is working slowly. B) A frequency of less than 1.0 means that the job element is not performed during every cycle. C) A performance rating factor less than 1.0 means the worker under observation is not producing output that has high quality. D) A negative allowance time means that the worker under observation is taking excessive breaks.

Business

In order to keep the customer happy and to keep perceptions about performance high, it is acceptable to falsely assure customers that everything is on track, especially if you feel that the problem will be resolved soon.

Answer the following statement true (T) or false (F)

Business

A two-dimensional table of data sometimes is called a:

A) group. B) set. C) declaration. D) relation.

Business

Identify which of the following statements is false.

A) The 50% dividends-received deduction is limited to 50% of the taxable income of the corporation without regard to any NOL deduction, any capital loss carryback, and the dividends-received deduction itself unless the dividends-received deduction produces an NOL. B) Members of an affiliated group can claim a 90% dividends-received deduction for dividends received from other group members that is not subject to a taxable income limitation. C) A corporate dividends-received deduction is not allowed for dividends received on stock held for 40 days. D) All of the above are false.

Business