商务统计-C7商务统计.pdf

Chapter 7 Cont inuous Probability Distribut ions GOALS 1.Understand the d ifference between d iscrete and cont inuous d istribut ions. 2.Compute the mean and the standard dev iat ion for a uniform d istribut ion. 3.Compute probabilit ies by using the uniform d istribut ion. 4.List the characterist ics of the normal probability d istribut ion. GOALS 5.Define and calculate z values. 6.Determ ine the probability an observat ion is between two po ints on a normal probability d istribut ion. 7.Determ ine the probability an observat ion is above (or be low) a po int on a normal probability d istribut ion. The Fam ily of Uniform Distribut ions The uniform probability d istribut ion is perhaps the simplest d istribut ion for a cont inuous random variable. This d istribut ion is rectangular in shape and is defined by m inimum and max imum values. The Uniform Distribut ion – Mean and Standard Dev iat ion The Uniform Distribut ion - Example Southwest Arizona State University prov ides bus serv ice to students while they are on campus. A bus arrives at the North Main Street and Co llege Drive stop every 30 m inutes between 6 A.M. and 11 P.M. during weekdays. Students arrive at the bus stop at random t imes. The t ime that a student waits is uniform ly d istributed from 0 to 30 m inutes. The Uniform Distribut ion - Example 1. Draw a graph of this d istribut ion. 2. How long w ill a student “typically” have to wait for a bus? In other words what is the mean wait ing t ime? What is the standard dev iat ion of the wait ing t imes? 3. What is the probability a student w ill wait more than 25 m inutes? 4. What is the probability a student w ill wait between 10 and 20 m inutes? The Uniform Distribut ion - Example 1. Draw a graph of this d istribut ion. The Uniform Distribut ion - Example 2. Show that the area of this d istribut ion is 1.00 The Uniform Distr