MATH220

Probability & Statistics

Asst. Prof. Dr. Sinem Yelda Sönmez

Email: sinem.sonmez@altinbas.edu.tr
 Midterm-1) (20 points) From past experience, a stockbroker believes that under present economic conditions a
customer will invest in tax-free bonds with a probability of 0.6, will invest in mutual funds with a probability of 0.3,
and will invest in both tax-free bonds and mutual funds with a probability of 0.15. At this time, find the prob-
ability that a customer will invest
A) in either tax-free bonds or mutual funds; (10 points)
B) in netiher tax-free bonds nor mutual funds. (10 points)

Altınbaş University Dr. Sinem Yelda Sönmez MATH221 Propability & Statistics
 Midterm-2) (20 points) The probability that a vehicle entering the Luray Caverns has Canadian license plates is
0.12; the probability that it is a camper is 0.28; and the probability that it is a camper with Canadian license
plates is 0.09. What is the probability that
A) a camper entering the Luray Caverns has Canadian license plates? (5 points)
B) a vehicle with Canadian license plates entering the Luray Caverns is a camper? (5 points)
C) a vehicle entering the Luray Caverns does not have Canadian plates or is not a camper? (10 points)

Altınbaş University Dr. Sinem Yelda Sönmez MATH221 Propability & Statistics
 Midterm-3) (30 points) The amount of kerosene, in thousands of liters, in a tank at the beginning of any day is a
random amount Y from which a random amount X is sold during that day. Suppose that the tank is not
resupplied during the day so that x ≤ y, and assume that the joint density function of these variables is
2, 0≤𝒙≤𝒚≤1
𝑓 𝑥, 𝑦 = &
0, 𝑒𝑙𝑠𝑒𝑤ℎ𝑒𝑟𝑒.
A) Determine if X and Y are independent. (15 points)
B) Find the following conditional probability, (15 points)
1 1 3
𝑃 <𝑋< 𝑌 = ).
4 2 4
(Hint: When determining the boudnaries of the integral please be carefull about the given information in the
definition of the joint density function: 𝟎 ≤ 𝒙 ≤ 𝒚 ≤ 𝟏)

Altınbaş University Dr. Sinem Yelda Sönmez MATH221 Propability & Statistics
 Midterm-4) (30 points) A service facility operates with two service lines. On a randomly selected day, let X be the
proportion of time that the first line is in use whereas Y is the proportion of time that the second line is in use.
Suppose that the joint probability density function for (X, Y ) is
𝑥 + 𝑦, 0 ≤ 𝑥, 𝑦 ≤ 1
𝑓 𝑥 =&
0, 𝑒𝑙𝑠𝑒𝑤ℎ𝑒𝑟𝑒.
A) Determine whether or not X and Y are independent. (10 points)
B) Find Var(X+Y). (20 points)

Altınbaş University Dr. Sinem Yelda Sönmez MATH221 Propability & Statistics