Professional Documents
Culture Documents
Final Exam MAT1004 Summer Code 1
Final Exam MAT1004 Summer Code 1
Code: 1
Lecturer’s Signature
Instructions to students:
1. At 12:00 PM, 18/8/2021, each student is assigned a final assignment with code number assigned
in the list
2. Final assignment consists of 6 problems, each problems are done in separate pages. Students should
write clearly his / her full name and student code in the first row of the first page (for example:
Nguyễn Văn Thao, 17007365).
3. To submit the final assignment, students use CamScanner to scan all the pages IN 1 FILE and save
them to a pdf file, starting from page 1.
4. Students should finish submitting the final assignment / the pdf file with the file name: student’s
full name-student ID-course code (for example: Nguyen_Van_Thao-12345678-MAT1004.1) in
due time through MS Teams Assignment (do not be late in submitting the final assignment, since
the final assignment can not be submitted after the due time, 3:00PM, 18/8/2021).
5. Any violation of the above instructions will CAUSE ZERO MARK for the final assignment.
Problem 1 (1.5 points).
The number of cars exceeding the speed limit in a school zone on the past 25 weeks are shown
below
41 48 38 27 29 37 33 31 40 30 33 28 46
31 38 24 56 43 35 37 27 29 44 34 28
a. Construct a histogram with 4 classes and the value 24 as the lower limit of the 1st class,
the value 56 as the upper limit of the 4th class.
b. What proportion of the total area under the histogram fall between 32 and 48?
Problem 2 (1.5 points). To examine the effectiveness of its five annual advertising promotions,
a mail-order company has sent a questionnaire to each of its customers, asking how many of
the previous year's promotions prompted orders that otherwise would not have been made.
The following table summarizes the data received, where the random variable X is the
number of promotions indicated in the customers' responses:
x 0 1 2 3 4 5
P(X=x) y/100 0.25 1- (y/100+0.25+0.2+0.05+z/100) 0.2 0.05 z/100
In the above table: y, z are the last two digits of your student code (for example: if a student
code is 17071365 then y = 6, z = 5).
A previous analysis of historical data found that the mean value of orders for promotional
goods is $20, with the company earning a gross profit of 20% on each order. It is assumed
that customer behavior next year will be the same as last year, and the fixed cost of conducting
the five promotions next year is estimated to be $15000, with a variable cost of $3 per
customer for mailing and handling costs.
a/ Find expected value of X, variance of X and the expected gross profit per customer next year.
b/ How large a customer base must the company have to cover the cost of the promotions?
Problem 3 (2 points)
Due to an increasing number of non-performing loans, a bank now insists that several
stringent conditions be met before a customer is granted a consumer loan. As a result, 60%
of all customers applying for a loan are rejected. If 40 new loan applications are selected at
random, what is the probability that:
a. At least 12 are accepted?
b. At least half of them are accepted?
c. No more than 16 are accepted?
d. The number of applications rejected is between 20 and 30, inclusive?