Understanding and Calculating Probability Distribution

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• Calculating Probability of Purchases

  519502 Calculating Probability of Purchases Historically, 70% of your customers at Rodale Emporium pay for their purchases using credit cars. In a sample of 20 customers, find the probability that a.

• Probability for a uniformly distributed random variable

  For uniform distribution the probability is (d-c)/(b-a) Where d=Highest point for the range for which we are calculating probability c=lowerest point for the range for which we are calculating probability a=Lowest point for the uniform distribution

• Determining Employee Expenditure Using Probability

  With this understanding of the alternative way to calculate a probability, you still can rewrite P[Z=5] as and this would lead to the area under the normal z-curve and above the interval from 5 to 5 on the horizontal z-axis.

• Normal distribution :Probability and conditional probability

  This provides examples of calculating probability and conditional probability from normal distributions.

• Probability based on binomial distribution.

  312263 Calculating probability based on binomial distribution. See attached file. The probability of obtaining a home equity loan from United Bank is 0.40. A random sample of 10 applications was selected.

• Calculating Probability in Excel

  The distribution amounts dispensed follows a normal distribution. a. What is the probability that the machine will dispense between 7.10 and 7.25 ounces of cola. b.

• Calculating the expected return and standard deviation

  495542 Calculating the expected return and standard deviation..

• Calculating probability for exponential distribution

  93693 Calculating probability for exponential distribution Suppose a worker needs to process 400 items. The time to process each item is exponentially distributed with a mean of 2 minutes, and the processing times are independent.

• Determining Battery Lifetime Using Normal Distribution

  539739 The solution gives detailed steps on calculating the battery lifetime with known probability under the assumption of normal distribution.