document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=176621>Question 176621</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 1.A normal distribution with a mean of 55 and a standard deviation of 6 is evaluated to solve a business problem.  What is the probability that any value in the population is between 55 and 65? ___________.    What is the probability that any value in the population is between 45 and 65?  ____________.\r<BR>\n" );
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document.write( "2. A business owner decides to use a binomial distribution to solve one of his problems. He knows there is a 60 percent probability that he will sell one of his Red Oak floors to any customer who comes into his shop and views the wood.  Out of the next 7 people who come into his shop, what is the probability that 3 people will buy a Red Oak floor?  ___________      What is the probability that more than four people will buy the Red oak floor?  ___________ </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #131765 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=131765\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A normal distribution with a mean of 55 and a standard deviation of 6 is evaluated to solve a business problem. What is the probability that any value in the population is between 55 and 65? ___________. What is the probability that any value in the population is between 45 and 65? ____________. <BR>\n" );
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document.write( "Find the z-values of 45 and of 65<BR>\n" );
document.write( "z(45) = (45-55)/6 = -1.6666667<BR>\n" );
document.write( "z(65) = (65-55)/6 = 1.666667<BR>\n" );
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document.write( "P(55 < x < 65) = P(-1.666667 < z < 1.6666667) = 0.9044186...<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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