A discrete random variable x can assume five possible values: 20, 21, 22, 23, and 24. The

Question:

A discrete random variable x can assume five possible values: 20, 21, 22, 23, and 24. The following Minitab histogram shows the likelihood of each value.
a. What is p(22)?
b. What is the probability that x equals 20 or 24?
c. What is P(x ‰¤ 23)?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Statistics For Business And Economics

ISBN: 9780321826237

12th Edition

Authors: James T. McClave, P. George Benson, Terry T Sincich

See More Books

Question Posted: Apr 07, 2016 07:50 AM

See More Questions

What name is given to a table that lists all of the values that a discrete random variable x can assume and their corresponding probabilities?
Assume that the discrete random variable x can assume the values 1, 2,..., n, and that those values are equally likely. a. Show that . = (n + l)/2. b. Show that 2 = (n2 - 1)/12. c. An experiment...
A random variable x can assume five values: 0, 1, 2, 3, 4. A portion of the probability distribution is shown here: a. Find p(3). b. Construct a probability histogram for p(x). c. Calculate the...
Suppose that the probability that a mechanic fixes a car correctly is 0.9. Determine the odds against the mechanic fixing a car correctly.
Kyle Township charges residents $100 per year to license household pets. As specied in a statute enacted in 2015, residents are required to purchase a license by October 1 of each year; the license...
Height velocity graphs are used by endocrinologists to follow the progress of children with growth deficiencies. Figure 5.65 shows the height velocity curves of an average boy and an average girl...
Independent random samples were selected from two I normally distributed populations with means p, and p2, respectively. The sample sizes, means, and variI ances are shown in the followmg table. I...
Who are IBMs biggest competitors today, and what risks do they face with their current strategy?
You are 35 years old and are considering your retirement needs. You expect to retire at the age of 65, and your actuarial table suggests that you live to be 100.You want to move to the coastal area...
Read the case study: When people think of car rental firms, the names hertz and Avis usually come to mind. But in the last few years, enterprise rent a car has overtake both of these industry Giants,...
Personnel tests are designed to test a job applicant's cognitive and/or physical abilities. The Wonderlic IQ test is an example of the former; the Purdue Pegboard speed test involving the arrangement...
Government data indicate that the mean hourly wage for manufacturing workers in the United States is $18.50 (Statistical Abstract of the United States: 2012). Suppose the distribution of...
Langston Automotive Accessories applies overhead using a combined rate for fixed and variable overhead. The rate is 250 percent of direct labor cost. During the first three months of the current...
Fineas Co. use the Job Order Costing system to determine product costs. Before entering 2020, the company has created a production budget, with an estimated total manufacturing overhead of $...
Define what a market value is? What are three major principles of investing funds? How does the federal government control the money supply? An investor purchases a 10-year U.S. Treasury note and...
1. Suppose we have two alternative designs, each of which yields a different present value of the total lifetime cost: the first is $1604 and the second is $1595. Verify that the present value of the...
Sometimes when we are asked for a linear model, the information that we are given is data about a scenario. In these cases we have to use Excel to generate a trendline. There is a video in this...
1. Purpose Explain 3 points from the Introduction section as to why this study is important. How did this study build on the existing literature in this area? 2. Participants Outline at least 2...
Floating-point arithmetic is seldom used to perform financial calculations. Why?
Write a declaration for each of the following: a. A line that extends from point (60, 100) to point (30, 90) b. A rectangle that is 20 pixels wide, 100 pixels high, and has its upper-left corner at...
Are Americans familiar with the new tax laws? Suppose that one survey found the following percentages of respondents who were familiar with tax law changes: 70% were familiar with the child tax...
A team of undergraduate business students was asked to recommend improvement to the data entry process at the county appraiser's office. The team identified several types of errors, such as posting...
Groupon, an online Web site, offers its subscribers at least one special deal per day to local businesses in their cities such as places to eat, health-related activities (spas or fitness centers),...
Cash from Operating Activities: ______________ Cash from Investing Activities: ______________ Cash from Financing Activities: ______________ Problem 2: Financial Ratios The GAP Macys 1 Current Ratio...
On January 1, 2021, Winky Enterprises issued 12% bonds dated January 1, 2021, with a face amount of $2,800,000. The bonds mature in 2030 (10 years). For bonds of similar risk and maturity, the market...
Using the following accounts and balances, prepare the stockholders' equity vection of the balance sheet. Pilty thousand shares of common stock are authorised, and 1,000 shares have been recoured,...

A discrete random variable x can assume five possible values: 20, 21, 22, 23, and 24. The

Question:

0.10 2

Step by Step Answer:

a p 22 25 b P x 20 or x 24 ...View the full answer

Statistics For Business And Economics

Students also viewed these Statistics questions