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probability exam kit

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › probability exam kit

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • March 28, 2021 at 12:59 pm #615368
    tushargujral
    Participant
    • Topics: 66
    • Replies: 95
    • ☆☆

    question:XYZ manufactures chemicals used in industry. It sells its chemical XX in 500 litre containers. The
    containers are filled automatically by specially designed equipment. Though testing a sample of
    filled containers it is found that the quantities follow a normal distribution and have a mean of
    500 litres. Recent tests showed that 7% of containers contained more than 510 litres.
    What is the standard deviation of the distribution?
    A 6.76
    B 10.52
    C 14.80
    D 1

    sir i dont get it they come up with zscore= 0.5-.07=.43 from where they get 0.5 and 0.07

    March 29, 2021 at 5:49 am #615435
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54701
    • ☆☆☆☆☆

    I assume that you have watched my lectures and are therefore clear that the probability of being more than the mean of 500 litres is 50% or 0.50, because the normal curve is symmetrical.
    If the probability of containing more than 7% or 0.07, then the probability of being between 500 and 510 is 0.50 – 0.07 = 0.43.

    March 30, 2021 at 12:08 pm #615508
    tushargujral
    Participant
    • Topics: 66
    • Replies: 95
    • ☆☆

    yes sir I have watched it. I just missed out from my mind than you sir for telling

    March 30, 2021 at 4:21 pm #615529
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54701
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘probability exam kit’ is closed to new replies.

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