(Solved): 2) Suppose we roll a die 3600 times. Let Xi be the number showing on the ith roll. Let Sn=X ...
2) Suppose we roll a die 3600 times. Let Xi? be the number showing on the ith roll. Let Sn?=X1?+…Xn?. By the law of large number, we know that Sn?/n will be close to 3.5 . Approximate the probability that Sn?/n differs from 3.5 by more than 0.05 . Either write a numerical answer or leave it in terms of ? if you use normal approximation. 3) Let X1?,…,X100? be i.i.d. (independent and identically distributed) exponential random variable with parameter ?=1. Approximate P(?i=1100?Xi?>90). Your answer can be either numerical or in terms of ?. 4) Suppose that the checkout time at the Art of Espresso has a mean of 5 minutes and a standard deviation of 2 minutes. Estimate the probability to serve at least 36 customers during a 3-hour and a half shift.
(2) To approximate the probability that Sn/n differs from 3.5 by more than 0.05, we can use the normal approximation. The sum of the rolls, Sn, follows approximately a normal distribution with mean ? = n * 3.5 and variance ?^2 = n * (1^2/6).
The rand...