Probability Distributions: Solutions to Exercises, Exams of Business Administration

Solutions to exercises on probability distributions, including binomial and poisson distributions. It covers mean, variance, standard deviation, and probability calculations.

Typology: Exams

2012/2013

Uploaded on 07/26/2013

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Solutions to Exercises 8
1. (a) Assuming that calls are answered independently, XBin(20,0.85).
(b) The mean and variance are
E(X) = np = 20 ×0.85 = 17
V ar(X) = np(1 p) = 20 ×0.85 ×0.15 = 2.55
and so
SD(X) = pV ar(X) = 2.55 = 1.597.
(c)
P(X= 9) = nCrpr(1 p)nr
=20C9×0.859×(1 0.85)209
=20!
9! ×11! ×0.859×0.1511
=20 ×19 × · ·· × 12
9×8× · ·· × 1×0.859×0.1511
= 167960 ×0.859×0.1511
= 0.0000336.
(d)
P(X < 2) = P(X= 0) + P(X= 1)
=20C0×0.850×(1 0.85)200+20C1×0.851×(1 0.85)201
= 0.1520 + 20 ×0.85 ×0.1519
= 3.3255 ×1017 + 3.76862 ×1015
= 3.802 ×1015.
2. (a) XP o(10)
(b) The mean and variance are
E(X) = λ= 10
V ar(X) = λ= 10
and so
SD(X) = pV ar(X) = 10 = 3.16.
(c)
P(X= 12) = λreλ
r!
=1012 ×e10
12!
= 0.09478.
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Solutions to Exercises 8

  1. (a) Assuming that calls are answered independently, X ∼ Bin(20, 0 .85). (b) The mean and variance are E(X) = np = 20 × 0 .85 = 17 V ar(X) = np(1 − p) = 20 × 0. 85 × 0 .15 = 2. 55

and so

SD(X) =

V ar(X) =

(c) P (X = 9) = nCrpr(1 − p)n−r = 20 C 9 × 0. 859 × (1 − 0 .85)^20 −^9 = 20! 9! × 11!

× 0. 859 × 0. 1511

=^20 ×^19 × · · · ×^12

9 × 8 × · · · × 1

× 0. 859 × 0. 1511

= 167960 × 0. 859 × 0. 1511

(d) P (X < 2) = P (X = 0) + P (X = 1) = 20 C 0 × 0. 850 × (1 − 0 .85)^20 −^0 + 20 C 1 × 0. 851 × (1 − 0 .85)^20 −^1 = 0. 1520 + 20 × 0. 85 × 0. 1519 = 3. 3255 × 10 −^17 + 3. 76862 × 10 −^15 = 3. 802 × 10 −^15.

  1. (a) X ∼ P o(10) (b) The mean and variance are E(X) = λ = 10 V ar(X) = λ = 10

and so

SD(X) =

V ar(X) =

(c)

P (X = 12) = λ

re−λ r! =^10

(^12) × e− 10 12! = 0. 09478.

(d)

P (X ≤ 2) = P (X = 0) + P (X = 1) + P (X = 2)

=^10

(^0) × e− 10 0! +

101 × e−^10 1! +

102 × e−^10 2! = e−^10 + 10e−^10 + 50e−^10 = 0.0000454 + 0.0004540 + 0. 0022700 = 0. 00277.

  1. Let Y be the total sales in the 5-day period.

(a) E(Y ) = 5 × 2 = 10. So Y ∼ Po(10). (b)

P (Y > 12) = 1 − P (Y ≤ 12) = 1 − {P (Y = 0) + P (Y = 1) + · · · + P (Y = 12)} = 1 −

e−^10100 0! +^

e−^10101 1! +^ · · ·^ +^

e−^101012 12!

= 1 − e−^10

2! +^ · · ·^ +

= 1 − e−^10 {1 + 10 + 50 + · · · + 2087. 6757 }

(The first term (Y = 0) is 1. The second (Y = 1) is 10 / 1 times the first. The third (Y = 2) is 10 / 2 times the second and so on. Alternatively you can use Minitab).

P (Y > 12) = 1 − e−^10 { 17435. 1965 } = 1 − 0. 7916 = 0. 2084.

  1. You might find a probability tree helpful in answering this question.

(a)

P (compt accptd |machine OK) = P (compt OK and accptd |machine OK) +P (compt defective and accptd |machine OK) = 0. 95 × 0 .97 + 0. 05 × 0. 15 = 0. 929.

(b)

P (compt rejected |machine OK) = 1 − P (compt accptd |machine OK) = 1 − 0. 929 = 0. 071.

(j)

P (machine OK |2 accptd out of 5) =

P (machine OK and 2 accptd out of 5) P (2 accptd out of 5) = 0.^0027800

  1. 0075232 = 0. 3695

Notice that, having seen the evidence of two components accepted out of five, the probability that the machine requires adjustment changes from 0. 1 to 1 − 0 .3695 =