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ivanzaharov [21]
2 years ago
13

The shuttle bus from your parking lot and your office building operates on a 15 minute schedule. You arrive at the parking lot a

t a random time during the bus’s cycle, that is, the time you have to wait for the bus is uniformly distributed over the interval from 0 to 15. What is the standard deviation of your waiting time? What is the probability that you will have to wait more than 2 standard deviations?
Mathematics
1 answer:
mylen [45]2 years ago
4 0

Answer:

(a) The standard deviation of your waiting time is 4.33 minutes.

(b) The probability that you will have to wait more than 2 standard deviations is 0.4227.

Step-by-step explanation:

Let <em>X</em> = the waiting time for the bus at the parking lot.

The random variable <em>X</em> is uniformly distributed with parameters <em>a</em> = 0 to <em>b</em> = 15.

The probability density function of <em>X</em> is given as follows:

f_{X}(x)=\frac{1}{b-a};\ a

(a)

The standard deviation of a Uniformly distributed random variable is given by:

SD=\sqrt{\frac{(b-a)^{2}}{12}}

Compute the standard deviation of the random variable <em>X</em> as follows:

SD=\sqrt{\frac{(b-a)^{2}}{12}}

      =\sqrt{\frac{(15-0)^{2}}{12}}

      =\sqrt{\frac{225}{12}}

      =\sqrt{18.75}\\=4.33

Thus, the standard deviation of your waiting time is 4.33 minutes.

(b)

The value representing 2 standard deviations is:

X=2\times SD=2\times4.33=8.66

Compute the value of P (X > 8.66) as follows:

P(X>8.66)=\int\limits^{10}_{8.66} {\frac{1}{15-0}}\, dx\\

                    =\frac{1}{15}\times \int\limits^{10}_{8.66} {1}\, dx\\

                    =\frac{1}{15}\times |x|^{15}_{8.66}\\

                    =\frac{15-8.66}{15}\\

                    =0.4227

Thus, the probability that you will have to wait more than 2 standard deviations is 0.4227.

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In which interval is the radical function f of x is equal to the square root of the quantity x squared plus 2 times x minus 15 e
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The function is given by:

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The graph is given at the end of this question.

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A similar problem is given at brainly.com/question/13539822

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Answer: option d.

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You know that:

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As the problem asked for the probability that  a costumber will be on hold less than 30 minutes, we know that:

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Substitute the values above into the formula.

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Answer:

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let the standard deviation for market portfolio = σₙ

Also let the standard deviation for fully diversified portfolio = σₓ

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From the given question beta (β) = 1.25

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<em></em>

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