Mathematics 9709 · AS & A Level · Continuous random variables

Continuous random variables — practice question

The random variable $X$ represents the company's daily profit, measured in thousands of dollars. It has a normal distribution with mean $6.4$ and standard deviation $5.2$.
(i)[3]

Find the probability that, on a day chosen at random, the company records a profit between $\$10\,000$ and $\$12\,000$.

(ii)[4]

Find the probability that the company makes a loss on exactly $1$ of the next $4$ consecutive days.

Worked solution & mark scheme

This 7-mark question has a full step-by-step worked solution and mark scheme. One marking point: By standardising, obtain $z_1 = \frac{12-6.4}{5.2}$ and $z_2 = \frac{10-6.4}{5.2}$

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