Question
MTH 245. DISCUSS your understanding of Random Variable. Give real life examples. What are the two requirements for a discrete Probability distribution? Provide an interpretation
MTH 245. DISCUSS your understanding of Random Variable. Give real life examples.
What are the two requirements for a discrete Probability distribution?
Provide an interpretation of the mean (or expected value) of a discrete random variable. Give an example in real life how this concept is used.
(4) What are the criteria for an experiment to be a binomial experiment.
(5) Write down the steps and TI84 calculator or StatCrunch binomial commands you would use tofind the probability of each of these cases
(a) P (X is exactly)(b) P (X is less than)(c) P (X is more than)(d) P (X is greater than or equal to)
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Accounting for Decision Making and Control
Authors: Jerold Zimmerman
8th edition
78025745, 978-0078025747
