(a) Using the density function in Example 2 on page 334, fill in values for the cumulative distribution function P(t) for the length of time people wait in the doctors office. t (hours) 0 1 2 3 4 P(t) (fraction of people waiting) (b) Graph P(t).
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Textbook Solutions for Applied Calculus
Question
A congressional committee is investigating a defense contractor whose projects often incur cost overruns. The data in Table 7.7 show y, the fraction of the projects with an overrun of at most C%. (a) Plot the data with C on the horizontal axis. Is this a density function or a cumulative distribution function? Sketch a curve through these points. (b) If you think you drew a density function in part (a), sketch the corresponding cumulative distribution function on another set of axes. If you think you drew a cumulative distribution function in part (a), sketch the corresponding density function. (c) Based on the table, what is the probability that there will be a cost overrun of 50% or more? Between 20% and 50%? Nearwhat percent is the cost overrun most likely to be? Table 7.7 Fraction, y, of overruns that are at most C% C 20% 10% 0% 10% 20% 30% 40% 50% y 0.01 0.08 0.19 0.32 0.50 0.80 0.94 0.99
Solution
The first step in solving 7.2 problem number 15 trying to solve the problem we have to refer to the textbook question: A congressional committee is investigating a defense contractor whose projects often incur cost overruns. The data in Table 7.7 show y, the fraction of the projects with an overrun of at most C%. (a) Plot the data with C on the horizontal axis. Is this a density function or a cumulative distribution function? Sketch a curve through these points. (b) If you think you drew a density function in part (a), sketch the corresponding cumulative distribution function on another set of axes. If you think you drew a cumulative distribution function in part (a), sketch the corresponding density function. (c) Based on the table, what is the probability that there will be a cost overrun of 50% or more? Between 20% and 50%? Nearwhat percent is the cost overrun most likely to be? Table 7.7 Fraction, y, of overruns that are at most C% C 20% 10% 0% 10% 20% 30% 40% 50% y 0.01 0.08 0.19 0.32 0.50 0.80 0.94 0.99
From the textbook chapter CUMULATIVE DISTRIBUTION FUNCTIONS AND PROBABILITY you will find a few key concepts needed to solve this.
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