chapter 16_ 27,35,37,39,43
240, 12.8
140, 24
720, Sqrt(1168)
60, swrt(1552)
600, sqrt(512)
usually they will gain 150, but sometimes they will los thosands on a single person
mean = 300 standard deviation = 8485
mean = 1.5 million stnadard deviation = 600,000
yes, becuase the proabilty the company will lose money is very small
each accident is independent of each other
an ouncce
half an ounce
the probablity a smaller bowl has more ceral is 0.023
Mean is 4 ounces while standard deviation is half an ounce
there is a 16% chance that i poured more than 4.5 ouncs
the mean in this case would be 12.4 ounces while the stanard deviation would be 0.5 oucnes
We would expect there to be 12.2 ounces lefts
We could expect a standard deviation of 0.5
the probality is small: around 0.06
Total new income = 100(PriceA)+50(priceP)-2
mean = 63$
standard deivaiton =20.6 dolllars
we must assume for sanard deviation that the sale prices are indenpendent events.