Here is the syntax you can use to check your answers for Section 8.1. (Forward and Backward)
Say you want to know the \(Pr(\bar{X} < 5)\) and \(\bar{X} \sim \mathcal{N}(6,1.5)\)
pnorm(5, mean = 6, sd = 1.5 )
## [1] 0.2524925
Here is the syntax you can use to check if a “Backward” calculation is correct.
Say you know the probability to the left of \(\bar{x}\) = .04 and you want to know what the appropriate \(\bar{x}\) is. You also know that \(\bar{X} \sim \mathcal{N}(6,1.5)\)
qnorm(.04, mean = 6, sd = 1.5)
## [1] 3.373971
15.
- \(\bar{X} \sim \mathcal{N}(80,2)\)
- P(\(\bar{x}\) >83)=0.0668
- P(\(\bar{x}\) <=75.8)=0.0179
- P(78.3< \(\bar{x}\) <85.1)=0.7669
17. (a) \(\bar{X} \sim \mathcal{N}(64,4.907)\) (b) P(\(\bar{x}\) <83)=0.0668 (c) P(\(\bar{x}\) >=65.2)=0.4052
19.
- P(X <260)=0.3520
- \(\bar{X} \sim \mathcal{N}(266,3.578)\)
- P(\(\bar{x}\) <=260)=0.0465
- P(\(\bar{x}\) <260)=0.0040
- The result would be unusual. The sample probably was taken from a population whose mean gestation period was less than 266 days.
- P(256<= \(\bar{x}\) <=276)=0.9844
21.
- P(X >95)=0.3085
- P(\(\bar{x}\) >95)=0.0418
- P(\(\bar{x}\) >95)=0.0071
- Increasing the sample size will decrease P(\(\bar{x}\) >95). This is because standard deviation(sigma sub x-bar) decreases as n increases.
- A mean reading rate of 92.8 wpm is not unusual since P(\(\bar{x}\) >=92.8)= 0.1056. Which means that the new reading program is not way more effective than the old reading program.
- 93.9 wpm
23.
- P(X >0)=0.5675
- P(\(\bar{x}\) >0)= 0.7291
- P(\(\bar{x}\) >0)= 0.8051
- P(\(\bar{x}\) >0)= 0.8531
- the likelihood of earning a positive rate of return increases as the investment time horizon increases.
Here is the syntax you can use to check your answers for Section 8.2. (Forward and Backward)
Say you want to know the \(Pr (\hat{P} < .35)\) and \(\hat{P} \sim \mathcal{N}(.4,.07)\)
pnorm(.35, mean = .4, sd = .07 )
## [1] 0.2375253
Here is the syntax you can use to check if a “Backward” calcuation is corect.
Say you know the probability to the left of \(\hat{p}\) = .04 and you want to know what the appropriate \(\hat{p}\) is. You also know that \(\hat{P} \sim \mathcal{N}(.4,.07)\)
qnorm(.05, mean = 12, sd = 4)
## [1] 5.420585
Section 8.2
11.
- \(\hat{P} \sim \mathcal{N}(0.8,0.046)\)
- P(\(\hat{p}\) >= 0.84)= 0.1922
- P(\(\hat{p}\) <= 0.32)= 0.0233
12.
- \(\hat{P} \sim \mathcal{N}(0.65,0.0337)\)
- P(\(\hat{p}\) >= 0.68)= 0.1867
- P(\(\hat{p}\) <= 0.59)= 0.0375
13.
- \(\hat{P} \sim \mathcal{N}(0.35,0.015)\)
- P(\(\hat{p}\) >= 0.39)= 0.0040
- P(\(\hat{p}\) <= 0.32)= 0.0233
14.
- \(\hat{P} \sim \mathcal{N}(0.42,0.0129)\)
- P(\(\hat{p}\) >= 0.45)= 0.0102
- P(\(\hat{p}\) <= 0.40)= 0.0606
15.
- \(\hat{P} \sim \mathcal{N}(0.47,0.035)\)
- P(\(\hat{p}\) > 0.5)= 0.1977
- P(\(\hat{p}\) <= 0.4)= 0.0239. The result is unusual.
16.
- \(\hat{P} \sim \mathcal{N}(.4,.07)\)
- P(\(\hat{p}\) >= 0.85)= 0.2177
- P(\(\hat{p}\) <= 0.75)= 0.0344 The result is unusual.
17.
- \(\hat{P} \sim \mathcal{N}(0.39,0.022)\)
- P(\(\hat{p}\) < 0.38)= 0.3228
- P(0.40 < \(\hat{p}\) < 0.45)= 0.3198
- P(\(\hat{p}\) >= 0.42)= 0.0838