A courier service company has found that their delivery time of parcels two clients is approximately normally distributed with a mean delivery time of 30 minutes and a variance of 25 minutes (squared).
a) what is the probability that a random selected parcel will take more than 26 minutes to deliver?
b) what is the minimum delivery time (minutes) for the 2.5% parcels with the longest time to deliver?
a)
"z=\\frac{t-\\mu}{\\sigma}=\\frac{26-30}{\\sqrt{25}}=0.80"
"P(t>26)=P(z>0.80)=1-0.78814=0.21186"
b)
For the 2.5% parcels with the longest time to deliver:
"z=Z_{0.975}=1.96"
"1.96=\\frac{t-30}{5}"
"t=5\\cdot1.96+30=39.8\\ min"
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