Uniform Distribution
Q.1 What is the probability of obtaining a score greater than 700 on a GMAT test that has a
mean of 494 and a standard deviation of 100? Assume GMAT scores are normally
distributed.
Q.2 For the same GMAT examination, what is the probability of randomly drawing a score
that is 550 or less?
Q.3 What is the probability of randomly obtaining a score between 300 and 600 on the
GMAT exam?
Normal Distribution
Q.4 Runzheimer International publishes business travel costs for various cities throughout
the world. In particular, they publish per diem totals, which represent the average costs for
the typical business traveler including three meals a day in business-class restaurants and
single-rate lodging in business-class hotels and motels. If 86.65% of the per diem costs in
Buenos Aires, Argentina, are less than $449 and if the standard deviation of per diem costs
is $36, what is the average per diem cost in Buenos Aires? Assume that per diem costs are
normally distributed.
Q.5 The U.S. Environmental Protection Agency publishes figures on solid waste generation
in the United States. One year, the average number of waste generated per person per day
was 3.58 pounds. Suppose the daily amount of waste generated per person is normally
distributed, with a standard deviation of 1.04 pounds. Of the daily amounts of waste
generated per person, 67.72% would be greater than what amount?
Exponential Distribution
Q.6 A manufacturing firm has been involved in statistical quality control for several years.
As part of the production process, parts are randomly selected and tested. From the
records of these tests, it has been established that a defective part occurs in a pattern
that is Poisson distributed on the average of 1.38 defects every 20 minutes during
production runs. Use this information to determine the probability that less than
15 minutes will elapse between any two defects.