Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need help with this data sheet!!! Statistics and probability question.... I found the average. I found P=0.6, but can't get past that. I think

I need help with this data sheet!!! Statistics and probability question....

I found the average. I found P=0.6, but can't get past that. I think q is just p=1-0.6 so q=0.4??

I apologize its a lot. Grateful for any help and explanation that can be provided. I've been following the excel directions I have for this but seriously can't seem to get the functions to work correctly to find the other probabilities for the prompt below.

image text in transcribed
1 Week 3 Discrete Probability 2 S 28,828.00 3 $49,700.00 4 $43,930.00 5 S 51,900.00 6 $22,755.00 7 5 28,940.00 8 S 30,795.00 9 $26,800.00 10 $33,545.00 11 5 9,926.00 12 13 Average 5 33,216.90 14 Number of Data points that fall below average 6 6/ 10 = 0.6 15 16 p=0.6 17 0|

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Probability And Statistical Inference

Authors: Robert V. Hogg, Elliot Tanis, Dale Zimmerman

10th Edition

013518939X, 978-0135189399

More Books

Students also viewed these Mathematics questions