6.5 Please answer parts A and B thoroughly. Been having some trouble with the to
ID: 3219627 • Letter: 6
Question
6.5 Please answer parts A and B thoroughly. Been having some trouble with the topic so good, explanations help ALOT.
Explanation / Answer
S= CH/(1+e0)*log((p0+dp)/p0)
given values
we get
S = C * (4/(1+1) *log (98+13)/98)
S =C*0.041741
now C -N(0.27,0.04^2)
we know if X has normal distribution with mean m and sd s
then aX has normal distribution with mean a*m and sd a*s
so
S follow N(0.041741*0.27, 0.041741^2*0.04^2)
=N(0.0112700 ,0.001669^2)
b) P(S > 40 mm )
P(S>0.04)
P(Z>(0.04 - 0.0112700)/0.001669)
P(Z> 17.21 )
=0
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