In the Scientific American article Reducing Crime: Rehabilitation is Making a Comeback, R. Doyle examined rehabilitation of

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In the Scientific American article "Reducing Crime: Rehabilitation is Making a Comeback," R. Doyle examined rehabilitation of felons. One aspect of the article discussed recidivism of juvenile prisoners between 14 and 17 years old, indicating that 82% of those released in 1994 were rearrested within 3 years. Suppose that, today, six newly released juvenile prisoners between 14 and 17 years old are selected at random.
a. Assuming that the recidivism rate is the same today as it was in 1994, determine the probability distribution for the number, Y, who are rearrested within 3 years.
b. Determine and interpret the mean of Y.
c. If, in fact, exactly two of the six newly released juvenile prisoners are rearrested within 3 years, would you be inclined to conclude that the recidivism rate today has decreased from the 82% rate in 1994? Explain your reasoning. Hint: First consider the probability P(Y ≤ 2).
d. If, in fact, exactly four of the six newly released juvenile prisoners are rearrested within 3 years, would you be inclined to conclude that the recidivism rate today has decreased from the 82% rate in 1994? Explain your reasoning. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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