Suppose that Sn is a binomial random variable with probabili
Solution
2.
a)
ES18 = u = mean = np = 6 [ANSWER]
V(S18) = np(1-p) = 4 [ANSWER]
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We first get the z score for the critical value:
x = critical value = 7
u = mean = np = 6
s = standard deviation = sqrt(np(1-p)) = 2
Thus, the corresponding z score is
z = (x-u)/s = 0.5
Thus, the left tailed area is
P(z < 0.5 ) = 0.691462461 [ANSWER]
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We first get the z score for the critical value:
x = critical value = 7.5
u = mean = np = 6
s = standard deviation = sqrt(np(1-p)) = 2
Thus, the corresponding z score is
z = (x-u)/s = 0.75
Thus, the left tailed area is
P(z < 0.75 ) = 0.773372648 [ANSWER]
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We first get the z score for the two values. As z = (x - u) / s, then as
x1 = lower bound = 5
x2 = upper bound = 7
u = mean = np = 6
s = standard deviation = sqrt(np(1-p)) = 2
Thus, the two z scores are
z1 = lower z score = (x1 - u)/s = -0.5
z2 = upper z score = (x2 - u) / s = 0.5
Using table/technology, the left tailed areas between these z scores is
P(z < z1) = 0.308537539
P(z < z2) = 0.691462461
Thus, the area between them, by subtracting these areas, is
P(z1 < z < z2) = 0.382924923 [ANSWER]
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