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A small ferry runs every half hour from one side of a large river to the other. The probability distribution for the random variable Y
A small ferry runs every half hour from one side of a large river to the other. The probability distribution for the random variable Y = money collected (in dollars) on a randomly selected ferry trip is shown here. Money collected 0 5 10 15 20 25 Probability 0.02 0.05 0.08 0.16 0.27 0.42 Calculate the cumulative probabilities. Do not round. BFW Publish The median of a discrete random variable is the smallest value for which the cumulative probability equals or exceeds 0.5. P(Y S 5): P(Y 5 15) = P(Y g 25) =
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