Question
Assistance / Feedback with the following questions please: The future prospects of your healthcare firm have been projected from the following economic information: Economic Scenario
Assistance / Feedback with the following questions please:
The future prospects of your healthcare firm have been projected from the following economic information:
| Economic Scenario | Profit | Probability |
|---|---|---|
| Very optimistic | 9 | .2 |
| Optimistic | 7 | .3 |
| Fair | 5 | .3 |
| Pessimistic | 2 | .1 |
| Very Pessimistic | 0 | .1 |
Question 1) Find the Expected Profit and the Standard Deviation of Profit from this data.
Question 2
At a prenatal clinic, 70% of expectant mothers are non-smokers. Suppose 7 expectant mothers come into the clinic.
- Find the probability that there will be exactly 4 non-smokers.
- Find the probability that there will be at most 5 non-smokers.
- Find the probability that there will be at least 6 non-smokers.
- What is the Mean?
- What is the Standard Deviation?
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Geometry And Analysis Of Fractals Hong Kong, December 2012
Authors: De Jun Feng, Ka Sing Lau
1st Edition
3662439204, 9783662439203
