In Class Assignment 2 Spring2021
In Class Assignment 2 Spring2021
ID:
EEE 255, Probability and Random Signal Analysis, Section
A In-Class Assignment - 1, Time: 30 minutes
Department of Electrical and Electronic Engineering
United International University - Bangladesh
Date: April 11, 2021, Total Marks: 20
1. The distribution of annual profit at a chain of stores was approximately normal with
mean µ = $66,000 and standard deviation σ = $22,000 The stores with profits in the
top 5%, percent each had a reward party for the employees to celebrate. What is
closest to the minimum annual profit for a store that had a reward party? [4]
2. Joe sells used cars. He recorded the age (in years) of each car on his lot along with
the number of kilometers it had been driven. After plotting his results, Joe noticed
that the relationship between the two variables was fairly linear, so he used the data
to calculate the following least squares regression equation for predicting distance driven
from the age of the car:
yˆ = 11,000 + 18,000x
What is the residual of a car that is 2 years old and has been driven 50,000 km? [2]
3. An environmental activist wants to look at the relationship between number of incen-
tive actions taken by the government and the percent share that electric cars make
up of overall new vehicle sale in several metropolitan areas. The data show a linear
pattern with the summary statistics shown below in Figure 1. Find the equation of the
least-squares regression line for predicting the electrical vehicle share of new vehicle
sales from the number of incentive actions the government takes.
1
Figure 2: Stem plot for Question 5
6. Consider the density curve below in Figure 3. Find the percent of the area under the
density curve where x is less than 3. [3]