A certain stock's daily percent return on Fridays has a mean of 3.12% and a standard deviation of 41.25%. If random samples of 40 days are selected and the mean return for each sample is calculated, what is the probability that a sample mean is greater than 17%?
Pregnancy Length Use the normal distribution in Exercise 15.
a. What percent of the new mothers had a pregnancy length of less than 290 days?
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The per capita disposable income for residents of a U.S. city in a recent year is normally distributed, with a mean of about \$44,000 and a standard deviation of about \(2450. Use this information in Exercises 7–10.
Out of 800 residents, about how many would you expect to have a disposable income of between \)40,000 and \$42,000?
Finding Probabilities for Normal Distributions In Exercises 7–12, find the indicated probabilities. If convenient, use technology to find the probabilities.
MCAT Scores In a recent year, the MCAT total scores were normally distributed, with a mean of 500.9 and a standard deviation of 10.6. Find the probability that a randomly selected medical student who took the MCAT has a total score that is (a) less than 490. Identify any unusual events in parts (a)–(c). Explain your reasoning. (Source: Association of American Medical Colleges)
Finding Specified Data Values In Exercises 31–38, answer the questions about the specified normal distribution.
Red Blood Cell Count The red blood cell counts (in millions of cells per microliter) for a population of adult males can be approximated by a normal distribution, with a mean of 5.4 million cells per microliter and a standard deviation of 0.4 million cells per microliter.
a. What is the minimum red blood cell count that can be in the top 25% of counts?
During a recent period of one year, the mean percent increase in value on Wednesdays of the cryptocurrency Dogecoin was 7.46%, with a standard deviation of 53.47%. Random samples of size 50 are drawn from this population and the mean of each sample is determined. (Source: Crypto Indicators)
c. What is the probability that the mean percent increase for a given sample is between −10% and 30%?
Manufacturer Claims You work for a consumer watchdog publication and are testing the advertising claims of a tire manufacturer. The manufacturer claims that the life spans of the tires are normally distributed, with a mean of 40,000 miles and a standard deviation of 4000 miles. You test 16 tires and record the life spans shown below.
a. Draw a frequency histogram to display these data. Use five classes. Do the life spans appear to be normally distributed? Explain.
