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