Midterm Examination Engineering Probability Semester 1 2017 2018 Index 1
Midterm Examination Engineering Probability Semester 1 2017 2018 Index 1
MIDTERM EXAMINATION
ENGINEERING PROBABILITY AND STATISTICS Duration:
120 minutes
Head of Dept of ISE Lecturer: Student ID: Date:
November 10th, 2017
Name:
A B C
By connecting this way, the system only works if all three devices work, and it will fail when any of these
three devices fails. What is the probability the system will survive at least 52 days? (5 pts)
successfully kills 7 vampires. What is the probability he has to shoot 10 bullets before running away? (5
pts)
Question 08: (20 pts)
Vuvuzola is a businessman trying to create a mutual fund to support students’ project. He encourages student to put
money into an account then use it to invest somewhere else to get the profit, then give it back to the students. The
annual profit return is known to follow Normal distribution with mean $322, and variance of $256.
a) What is the probability of a random student will receive a profit larger than $350? (5 pts)
b) Suppose that we have a group of 12 students joining, what is the probability that their average profit will
larger than $325 but smaller than $330 (10 pts)
c) If a student’s profit is from $315 - $329, he/she will be listed as a “successful” investor. Suppose we have a
group of 20 students joining the fund, what is the probability that we have at least 15 “successful”
investors? (5 pts)
GOOD LUCK!