Exercise 7.8 gave the following probability distribution for x = the number of courses for which a
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Exercise 7.8 gave the following probability distribution for x = the number of courses for which a randomly selected student at a certain university is registered:
For this probability distribution, ? = 4.66 and ? = 1.20.
a. Because ? - ? = 3.46, the x values 1, 2, and 3 are more than 1 standard deviation below the mean. What is the probability that x is more than 1 standard deviation below its mean? See Example 7.13.
b. What x values are more than 2 standard deviations away from the mean value (either less than ? - 2? or greater than ? + 2?)?
c. What is the probability that x is more than 2 standard deviations away from its mean value?
DistributionThe 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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Introduction To Statistics And Data Analysis
ISBN: 9781337793612
6th Edition
Authors: Roxy Peck, Chris Olsen, Tom Short
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