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QUESTION 3 The weekly repair cost (in $100), X, for a certain machine has a probability density function given by f(x)=c(1-x), for 05x31 and f(x)=0
QUESTION 3 The weekly repair cost (in $100), X, for a certain machine has a probability density function given by f(x)=c(1-x), for 05x31 and f(x)=0 otherwise a- Find the value of c that makes f(x) a valid probability density function. b- Find and sketch the cumulative distribution function of X. F(x)= if x = 1 c- What is the probability that repair costs will exceed $75 during a week? d- Find the mean and variance of the repair costs. Mean Variance
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