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National Institute of Construction Management and Research: Submitted To Submitted by
National Institute of Construction Management and Research: Submitted To Submitted by
National Institute of Construction Management and Research: Submitted To Submitted by
RESEARCH
Pune
(Session 2020-2022)
“STATISTICS ASSIGNMENT”
“GROUP NO- 70”
Submitted to Submitted by-
Dr. Abhyankar Abhijat AP20539 PRAVEEN R
AP20541 VIJAY GAWLNI
AP20542 NAGESH BABU KM
AP20543 SANDEEP.K.K.S
Question 1: - The data concerning the first year of engineer graduates
is normally distributed with the population mean µµ =Rs. 60000 of
the population standard deviation σ =Rs. 15000.
Problem 1
Find the probability of the randomly selected engineer graduates
earning less than Rs 45000 annually.
Z=X-µ X = 45000
σ µ = 60000
σ = 15000
Z= 45000 - 60000
15000
= -15000
15000
Z = -1
The probability value corresponds to -1 is 0.1587
The probability of randomly selecting engineering graduate who
makes salary less than 45000 rupees is 15.87 %.
Problem 2
Find the probability of the engineer graduates earning more than
80000 a year.
Z=X-µ X = 80000
σ µ = 60000
σ = 15000
Z= 80000 - 60000
15000
= 20000
15000
Z = 1.33
Z=X-µ
σ
1.04 = X - 60
15
X = 75.6
The highest paid 15% of recent engineering graduates makes 75600
above per year.
Question 2: -According to the Cellular Telecommunication Industry Association,
the average local monthly
cell phone bills are normally distributed, with a standard deviation of $11.35.
a)What is the probability that a randomly selected cell phone bill is more
than $67.757?
b)What is the probability that a randomly selected cell phone bill is between
$30 and $50?
c)What is the probability that a randomly selected cell phone bill is no more
than $25?
d)What is the probability that a randomly selected cell phone bill is between
$45 and $55?
Solution
µ = 42.78 = 11.35
1) Prob (x > 67.75):
x−μ 67.5−42.78
Z = σ = 11.35 = 2.20
x−μ 30−42.78
Z = σ = 11.35 = -1.13
x−μ 50−42.78
Z = σ = 11.35 = 0.64
From Table A.5, the value for z = -1.13 is .3708 and for z =
0.6is 0.2389
Prob (30 < x < 50) = .3708 =.2389 = .6097
x−μ 55−42.78
Z = σ = 11.35 = 1.08
x−μ 45−42.78
Z = σ = 11.35 = 0.20
From Table A.5, the value for z = 1.08 is .3599 and for z =
0.20 is 0.0793