Question

Assume that the time required to receive a confirmation that an electronic transfer has occurred is...

Assume that the time required to receive a confirmation that an electronic transfer has occurred is uniformly distributed between 30 and 90 seconds. a. What is the probability that a randomly selected transfer will take between 30 and 45 seconds? b. What is the probability that a randomly selected transfer will take between 50 and 90 seconds? c. What proportion of transfers will take between 40 and 75 seconds?

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Let X is a rndom variable shows the time required to receive a confirmation that an electronic transfer has occurred. The probability distribution of X is

(a)

The probability that a randomly selected transfer will take between 30 and 45 seconds is

(b)

The  probability that a randomly selected transfer will take between 50 and 90 seconds is

(c)

The  probability that a randomly selected transfer will take between 40 and 75 seconds is

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The time required to assemble an electronic component is normally distributed with a mean and a...
The time required to assemble an electronic component is normally distributed with a mean and a standard deviation of 24 minutes and 16 minutes, respectively. [You may find it useful to reference the z table.] a. Find the probability that a randomly picked assembly takes between 19 and 29 minutes. (Round "z" value to 2 decimal places and final answer to 4 decimal places.) b. It is unusual for the assembly time to be above 45 minutes or below 7...
7. Starbucks Cappuccino times follow a Continuous or Uniform distribution: The time required to make Cappuccino...
7. Starbucks Cappuccino times follow a Continuous or Uniform distribution: The time required to make Cappuccino using whole milk is uniformly distributed between 25 and 35 seconds. Estimate the Population mean and standard deviation of Cappuccino times at Starbucks. Estimate the Probability that the Cappuccino will take less than 30 seconds. Estimate the Probability that the prepeartion time will be less than 35 seconds.
The time required to assemble an electronic component is normally distributed with a mean and a...
The time required to assemble an electronic component is normally distributed with a mean and a standard deviation of 24 minutes and 13 minutes, respectively. [You may find it useful to reference the z table.] a. Find the probability that a randomly picked assembly takes between 19 and 27 minutes. (Round "z" value to 2 decimal places and final answer to 4 decimal places.) b. It is unusual for the assembly time to be above 43 minutes or below 9...
The time required to assemble an electronic component is normally distributed with a mean and a...
The time required to assemble an electronic component is normally distributed with a mean and a standard deviation of 17 minutes and 9 minutes, respectively. [You may find it useful to reference the z table.] a. Find the probability that a randomly picked assembly takes between 15 and 22 minutes. (Round "z" value to 2 decimal places and final answer to 4 decimal places.) b. It is unusual for the assembly time to be above 29 minutes or below 7...
The amount of time to complete a physical activity in a PE class is approximately normally...
The amount of time to complete a physical activity in a PE class is approximately normally normally distributed with a mean of 39.7 seconds and a standard deviation of 6.2 seconds. a) What is the probability that a randomly chosen student completes the activity in less than 33.2 seconds? b) What is the probability that a randomly chosen student completes the activity in more than 46.6 seconds? c) What proportion of students take between 35.5 and 42.8 seconds to complete...
American Carpets Company has 2000 accounts to receive. The mean and standard deviation are $ 300...
American Carpets Company has 2000 accounts to receive. The mean and standard deviation are $ 300 and $ 50, respectively. the accounts are normally distributed 1. How many accounts exceed $ 400? 2. How many accounts are below $ 250? 3. What is the probability that a randomly selected account is between $ 200 and $ 300? 4. What percentage of the accounts are between $ 325 and $ 75? 5. How much in dollars do 40% of the accounts...
For a certain type of computers, the length of time between charges of the battery is...
For a certain type of computers, the length of time between charges of the battery is normally distributed with a mean of 42 hours and a standard deviation of 18 hours. a. If 20 computers are randomly selected, what is the probability that the mean charging time of their batteries is more than 45 hours? b. If 38 computers are randomly selected, what is the probability that the mean charging time of their batteries is between 37 and 40 hours?...
Assume the amount of time accountants take to complete an audit is a normally distributed random...
Assume the amount of time accountants take to complete an audit is a normally distributed random variable with a mean of 21 hours and a standard deviation of 2 hours. What is the probability that the amount of time the accountants take to complete a randomly selected audit will be between 17 and 25 hours?
Question (2): [10 marks]: The time required to assemble an electronic component is normally distributed with...
Question (2): [10 marks]: The time required to assemble an electronic component is normally distributed with a mean of 12 minutes and a standard deviation of 1.5 minutes a) [2 points] Find the probability that a particular assembly takes more than 14.25 minutes. b) [2 points] Find (x) the 75th percentile of time required to assemble an electronic component. c) [3 points] The company wants to increase productivity. One strategy they are discussing is to ensure that 75% of their...
In a uniform distribution, [1, 9], what is the area between 4 and 7? Group of...
In a uniform distribution, [1, 9], what is the area between 4 and 7? Group of answer choices 3/8 3/10 1 2/3 None of the above If the time required to complete a task is uniformly distributed between 30 and 60 seconds, what is its expected value? Group of answer choices 45 seconds 42 seconds 40 seconds 47 seconds 49 seconds
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT