CAIE S2 2023 November — Question 6 7 marks

Exam BoardCAIE
ModuleS2 (Statistics 2)
Year2023
SessionNovember
Marks7
TopicLinear combinations of normal random variables
TypeSingle period profit/loss calculation

6 A factory makes loaves of bread in batches. One batch of loaves contains \(X\) kilograms of dried yeast and \(Y\) kilograms of flour, where \(X\) and \(Y\) have the independent distributions \(\mathrm { N } \left( 0.7,0.02 ^ { 2 } \right)\) and \(\mathrm { N } \left( 100.0,3.0 ^ { 2 } \right)\) respectively. Dried yeast costs \(
) 13.50\( per kilogram and flour costs \)\\( 0.90\) per kilogram. For making one batch of bread the total of all other costs is \(
) 55\(. The factory sells each batch of bread for \)\\( 200\). Find the probability that the profit made on one randomly chosen batch of bread is greater than \(
) 40$. [7]