Worksheet Solution 9
Worksheet Solution 9
1. The waiters in a restaurant receive an average tip of $20 per table with a standard
deviation of $5. The amounts of tips are normally distributed, and a waiter feels that
he/she has provided excellent service if the tip is more than $25. What is the
Mean= 20
Standard deviation= 5
P(X>25)
Standardize
Z =(25-29)/5= 1
Z>1
Phi of 1=.3413
2. Suppose family incomes in a town are normally distributed with a mean of $1,200 and
a standard deviation of $600 per month. If there are 1500 families in the town,
determine the number of families with incomes between $1,000 and $2,050 per
month.
Mean = 1200
SD = 600
Mean = 43
Standard Deviation = 7.6
P (X > 60)
4. A bank finds that the balances in its savings accounts are normally distributed with a
mean of $500 and a standard deviation of $50. What is the probability that a randomly
selected account has a balance of less than $600?
Mean = 500
Standard deviation = 50
P (X < 600)
Z = (600 – 500)/ 50 = 2
Phi of 2 = .4772
Z<2
Mean = 30
Standard Deviation = 4
Z = (40-30)/4 = 2.5
Z > 2.5
Phi of 2.5 = .4938
0.5 – 0.4938
= 0.0062
Mean 30
Standard Deviation=4
Z > - 2.25
= Mean 30
SD = 4
Z = (30 – 30)/ 4 = 0 Z = (35 – 30)/4 = 1.25
0 < X < 35
Phi of 0 = 0.0000 Phi of 1.25 = .3944
.3944 – 0 = .3944