Let X= the weight of bananas in grams: X∼N(μ,σ2).
Then Z=σX−μ∼N(0,1)
Given that μ=150 g,σ=50 g
(i)
P(X<95)=P(Z<5095−150)=P(Z<−1.1)≈0.135666 13.5666% of bananas are small
(ii)
P(X>X∗)=P(Z>Z∗)=0.1
P(Z≤Z∗)=1−P(Z>Z∗)=1−0.1=0.9=>
=>Z∗≈1.281552=50X∗−150=>X∗≈214 g The weight exceeded by 10% of the bananas is 214 grams.
(iii) The price of medium bananas are 20 cents.
P(95<X<205)=P(X<205)−P(X<95)=
=P(Z<50205−150)−P(Z<5095−150)=
=P(Z<1.1)−P(Z<−1.1)≈
≈0.864334−0.135666≈0.728668
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