NYU Polytechnic School of Engineering MA 3022 SPRING 2014 WORKSHEET IV Print Name: Signature: Section: Instructor: Dr. Manocha Date: ID #: Directions: Complete all questions clearly and neatly. You must show all work to have credit. Unclear work will not be graded. Problem Possible 1 12 2 12 3 12 4 12 5 12 6 12 7 14 8 14 Total 100 Points Your signature: (1)(12 points) Let Y = X1 + X2 + ... + X15 be the sum of a random sample of size 15 from distribution whose p.d.f. is f (x) = (3/2)x2 , −1 < x < 1. Using the p.d.f of Y , we find that P (−0.3 ≤ Y ≤ 1.5) = 0.22788. Use the central limit theorem to approximate this probability. Your signature: (2)(12 points) Let X equal the weight in grams of a miniature candy bar. Assume that µ = E(X) = 24.43 ¯ be the sample mean of a random sample of n = 30 candy and σ 2 = V ar(X) = 2.20. Let X bars. Find ¯ (a) E(X)? ¯ (b) V ar(X)? ¯ ≤ 24.82), approximately. (c) P (24.17 ≤ X Your signature: (3)(12 points) Let X1 , X2 , ..., X30 be a random sample of size 30 from a Poisson distribution with a mean of 2/3. Approximate. (a) P (15 < 30 P Xi ≤ 22) i=1 (b) P (21 ≤ 30 P i=1 Xi < 27) Your signature: (4) (12 points) A die is rolled 24 independent times. Let Y be the sum of the 24 resulting values. Recalling that Y is a random variable of discrete type, approximate (a) P (Y ≥ 86). (b) P (Y < 86) (c) P (70 < Y ≤ 86). Your signature: (5) (12 points) An insurance company has 10,000 automobile policyholders. The expected yearly claim per policyholder is $240, with a standard deviation of $800. Approximate the probability that the total yearly claim exceeds $2.7 million. Your signature: (6) (12 points) Events occur according to a Poisson process with rate λ = 3 per hour. (a) What is the probability that no events occur between times 8 and 10 in the morning? (b) What is the expected value of a number of events that occur between times 8 and 10 in the morning? (c) What is the expected time of occurrence of the fifth event after 2 P.M.? Your signature: (7)(14 points) Customers arrive at a certain retail establishment according to a Poisson process with rate λ per hour. Suppose that two customers arrive during first hour . Find the probability that (a) both arrived in the first 20 minutes; (b) at least one arrived in the first 30 minutes. Your signature: (8)(14 points) If X is b(100, 0.1), find the approximate value of P (12 ≤ X ≤ 14), using (a) The normal approximation. (b) The Poisson approximation. (c) The binomial.
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