Topics: Normal distribution, Functions of random variables

1. The time required for servicing transmissions is normally distributed with = 45 min and = min. The service manager !lans to have wor" begin on the transmission of a customer#s car 1$ min after the car is dro!!ed off and the customer is told that the car will be ready within 1 hour from dro!%off. &hat is the !robability that the service manager cannot meet his commitment' (. +. .. /. $.) *5 $.,-*$.5 $.-0 *

,. .onsider a normal distribution with mean 5 and standard deviation ). &hat is the !robability that a single draw from this distribution has the value 5' (. +. .. /. $ $.,5 $.5 $.*5

). 1et 2 3 N41$$, ,$,5. Find two values, a and b, symmetric about the mean, such that the !robability of the random variable ta"ing a value between them is $.00. (. +. .. /. 6. 0$.5, 1$5.0 $.,, 110. ,,, * 4 .5, 151.5 0$.1, 1$0.0

4. .onsider a com!any that has two different divisions. The annual !rofits from the two divisions are inde!endent and have distributions 7rofit1 3 N45, ) ,5 and 7rofit, 3 N4*, 4,5 res!ectively. +oth the numbers are in 8 9illion. (nswer the following questions about the total !rofit of the com!any in :u!ees. (ssume that 81 = :s. 45 (. ;!ecify a :u!ee range 4centered on the mean5 such that it contains 05< !robability for the annual !rofit of the com!any. +. ;!ecify the 5th !ercentile of !rofit 4in :u!ees5 for the com!any .. &hich of the two divisions has a larger !robability of ma"ing a loss in a given year'