Key Answers - Chap 6
Key Answers - Chap 6
Key Answers - Chap 6
PROBLEM
1. A market study taken at a local sporting goods store showed that of 20 people questioned, 6 owned tents,
10 owned sleeping bags, 8 owned camping stoves, 4 owned both tents and camping stoves, and 4 owned
both sleeping bags and camping stoves.
ANSWER:
2. An accounting firm has noticed that of the companies it audits, 85% show no inventory shortages, 10%
show small inventory shortages and 5% show large inventory shortages. The firm has devised a new
accounting test for which it believes the following probabilities hold:
a. If a company being audited fails this test, what is the probability of a large or small
inventory shortage?
b. If a company being audited passes this test, what is the probability of no inventory
shortage?
ANSWER:
a. .515
b. .927
3. An investment advisor recommends the purchase of stock shares in Infomatics, Inc. He has made the
following predictions:
An economist has predicted that the probability of a rise in the GDP is 30%, whereas the probability of a
fall in the GDP is 40%.
a. What is the probability that the stock will go up 20%?
b. We have been informed that the stock has gone up 20%. What is the probability of a rise
or fall in the GDP?
ANSWER:
a. .49
b. .367 + .327 = .694
4. Global Airlines operates two types of jet planes: jumbo and ordinary. On jumbo jets, 25% of the
passengers are on business while on ordinary jets 30% of the passengers are on business. Of Global's air
fleet, 40% of its capacity is provided on jumbo jets. (Hint: The 25% and 30% values are conditional
probabilities stated as percentages.)
a. What is the probability a randomly chosen business customer flying with Global is on a
jumbo jet?
b. What is the probability a randomly chosen non-business customer flying with Global is on
an ordinary jet?
ANSWER:
a. .357
b. .583
5. Super Cola sales breakdown as 80% regular soda and 20% diet soda. While 60% of the regular soda is
purchased by men, only 30% of the diet soda is purchased by men. If a woman purchases Super Cola,
what is the probability that it is a diet soda?
ANSWER:
.30435
6. A food distributor carries 64 varieties of salad dressing. Appleton Markets stocks 48 of these flavors.
Beacon Stores carries 32 of them. The probability that a flavor will be carried by Appleton or Beacon is
15/16. Use a Venn diagram to find the probability a flavor is carried by both Appleton and Beacon.
ANSWER:
The Venn diagram is
and P(A B) = P(A) + P(B) P(A B) = 6/8 + 4/8 15/16 = 5/16 = .3125
7. Through a telephone survey, a low-interest bank credit card is offered to 400 households. The responses
are as tabled.
ANSWER:
b. .3
c. .16
d. .4286
8. A medical research project examined the relationship between a subject's weight and recovery time from
a surgical procedure, as shown in the table below.
a. Use relative frequency to develop a joint probability table to show the marginal
probabilities.
b. What is the probability a patient will recover in fewer than 3 days?
c. Given that recovery takes over 7 days, what is the probability the patient is overweight?
ANSWER:
b. .096
c. 27/81 = .33
9. It is estimated that 3% of the athletes competing in a large tournament are users of an illegal drug to
enhance performance. The test for this drug is 90% accurate. What is the probability that an athlete who
tests positive is actually a user?
ANSWER:
.2177
10. A corporation has 15,000 employees. Sixty-two percent of the employees are male. Twenty-three percent
of the employees earn more than $30,000 a year. Eighteen percent of the employees are male and earn
more than $30,000 a year.
a. If an employee is taken at random, what is the probability that the employee is male?
b. If an employee is taken at random, what is the probability that the employee earns more than
$30,000 a year?
c. If an employee is taken at random, what is the probability that the employee is male and earns
more than $30,000 a year?
d. If an employee is taken at random, what is the probability that the employee is male or earns
more than $30,000 a year or both?
e. The employee taken at random turns out to be male. Compute the probability that he earns
more than $30,000 a year.
f. Are being male and earning more than $30,000 a year independent?
ANSWER:
a. 0.62
b. 0.23
c. 0.18
d. 0.67
e. 0.2903
f. No
ANSWER:
a. f(x) = 1.25 for 31.8 x 32.6
= 0 otherwise
b. 0, .375, 0
c. no
ANSWER:
a. .0183, .0733, .1465, .7619
b. .0107
c. .8647
3. A light bulb manufacturer claims his light bulbs will last 500 hours on the
average. The lifetime of a light bulb is assumed to follow an exponential
distribution.
a. What is the probability that the light bulb will have to replaced within
500 hours?
b. What is the probability that the light bulb will last more than 1000
hours?
c. What is the probability that the light bulb will last between 200 and 800
hours?
ANSWER:
a. .632
b. .135
c. .468
4. A calculus instructor uses computer aided instruction and allows students to
take the midterm exam as many times as needed until a passing grade is obtained.
Following is a record of the number of students in a class of 20 who took the test
each number of times.
ANSWER:
a. Relative frequency Number of tests
.50 1
.35 2
.10 3
.05 4
5. A video rental store has two video cameras available for customers to rent.
Historically, demand for cameras has followed this distribution. The revenue per
rental is $40. If a customer wants a camera and none is available, the store gives a
$15 coupon for snacks.
ANSWER:
.1840
7. After a severe winter, potholes develop in a state highway at the rate of 5.2
per mile. Thirty-five miles of this highway pass through Washington County.
a. How many potholes would you expect to see in the county?
b. What is the probability of finding 8 potholes in 1 mile of highway?
ANSWER:
a. 182
b. P(x = 8 | = 5.2) = .0731
ANSWER:
a. .0498
b. .2240
c. .0500
d. .3585
ANSWER:
a. f(x) = 1/3 for 38.5 x 41.5
=0 otherwise
b. .5000
c. .1667
d. .3333
10. Sandy's Pet Center grooms large and small dogs. It takes Sandy 40 minutes
to groom a small dog and 70 minutes to groom a large dog. Large dogs account for
20% of Sandy's business. Sandy has 5 appointments tomorrow.
a. What is the probability that all 5 appointments tomorrow are for small dogs?
b. What is the probability that two of the appointments tomorrow are for large
dogs?
c. What is the expected amount of time to finish all five dogs tomorrow?
ANSWER:
a. .3277
b. .2048
c. 230 minutes