Let (X) be the proportion of (40 mathrm{~W}) light bulbs that break when dropped onto a carpet
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Let \(X\) be the proportion of \(40 \mathrm{~W}\) light bulbs that break when dropped onto a carpet from a height of \(1 \mathrm{~m}\). You have tried it out, and your probability distribution for \(X\) is now \(X \sim \beta_{(23,48)}\).
(a) What is the expected proportion of light bulbs \(\mu_{X}\) that break when dropped onto a carpet from a height of \(1 \mathrm{~m}\) ?
(b) What is the probability that the next light bulb you drop onto a carpet from a height of \(1 \mathrm{~m}\), will break?
(c) What is the probability that \(X\) is within \(5 \%\) of this value?
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Related Book For
The Bayesian Way Introductory Statistics For Economists And Engineers
ISBN: 9781119246879
1st Edition
Authors: Svein Olav Nyberg
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