In Exercises 37–42, use the Standard Normal Table or technology to find the z-score that corresponds to the cumulative area or percentile.
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In Exercises 37–42, use the Standard Normal Table or technology to find the z-score that corresponds to the cumulative area or percentile.
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In Exercises 55–60, find the indicated probabilities and interpret the results.
The mean annual salary for Level 1 actuaries in the United States is about \$72,000. A random sample of 45 Level 1 actuaries is selected. What is the probability that the mean annual salary of the sample is (a) less than \(75,000? Assume sigma = \)11,000.
In Exercises 55–60, find the indicated probabilities and interpret the results.
Refer to Exercise 33. A random sample of 2 years is selected. Find the probability that the mean amount of greenhouse gases for the sample is (a) less than 5500 MMT CO2 eq. Compare your answers with those in Exercise 33.
An auto parts seller finds that 1 in every 200 parts sold is defective. Use the geometric distribution to find the probability that (c) none of the first 20 parts sold are defective.
What braking distance represents the first quartile?
In Exercises 63–68, write the binomial probability in words. Then, use a continuity correction to convert the binomial probability to a normal distribution probability.
P(x ≤ 36)