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1. For a new type of tire, a NASCAR team found the av- erage distance a set of tires would run during a race is 168 miles, with a standard deviation of 14 miles. Assume that tire mileage is independent and follows a Normal model.
a) If the team plans to change tires twice during a 500-mile race, what is the expected value and standard deviation of miles remaining after two changes?
b) What is the probability they won't have to change tires a third time before the end of a 500-mile race?
2. In the 4 * 100 medley relay event, four swimmers swim 100 yards, each using a different stroke. A college team preparing for the conference championship looks at the times their swimmers have posted and creates a model based on the following assumptions:
Swimmer
Mean
SD
1 (backstroke)
50.72
0.24
2 (breaststroke)
55.51
0.22
3 (butterfly)
49.43
0.25
4 (freestyle)
44.91
0.21
a) What are the mean and standard deviation for the relay team's total time in this event?
b) The team's best time so far this season was 3:19.48. (That's 199.48 seconds.) What is the probability that they will beat that time in the next event?
1.On July 1, 2013, Ross Livermore Industries issued nine month notes in the amount of $400 million. Interest is payable at maturity.
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