TABLE 6-2
John has two jobs. For daytime work at a jewelry store he is paid $15,000 per month,
plus a commission. His monthly commission is normally distributed with a mean of
$10,000 and a standard deviation of $2,000. At night he works occasionally as a waiter,
for which his monthly income is normally distributed with a mean of $1,000 and a
standard deviation of $300. John’s income levels from these two sources are
independent of each other.
Referring to Table 6-2, John’s income as a waiter will be between what two values
symmetrically distributed around the population mean 80% of the time?
TABLE 4-8
According to the record of the registrar’s office at a state university, 35% of the students
are freshman, 25% are sophomore, 16% are junior and the rest are senior. Among the
freshmen, sophomores, juniors and seniors, the portion of students who live in the
dormitory are, respectively, 80%, 60%, 30% and 20%.
Referring to Table 4-8, what is the probability that a randomly selected student is a
junior or senior who lives in a dormitory?
TABLE 13-5
The managing partner of an advertising agency believes that his company’s sales are
related to the industry sales. He uses Microsoft Excel to analyze the last 4 years of
quarterly data (i.e., n = 16) with the following results: