Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

statistics B. Directions: Solve the given problems. Write your answers on a separate sheet of paper. Show your solutions. 1. Suppose a probability distribution is

statistics

image text in transcribed
B. Directions: Solve the given problems. Write your answers on a separate sheet of paper. Show your solutions. 1. Suppose a probability distribution is made in ASHSCOM to record the number of attendees during online classes per day. Compute for its mean, variance, and standard deviation. X P(X) 0. 14 0.23 0.24 0.36 0.03 2. Determine the expected value of a Pinoy fast food chain in Saluysoy using the probability| distribution as shown below. Profit (X) P 50,000 - P 20,000 Probability P(X) 0.40 0.60 3. Suppose the group of scholars in the City of Meycauayan wants to plan for a raffle draw to help the poorest of the poor. They are thinking of selling 200 tickets. The winner of the raffle draw will receive P 30,000. How much should be the price of a ticket so that the group of scholars will earn a profit of P 10 per ticket

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

Calculus I With Integrated Precalculus

Authors: Laura Taalman

1st Edition

1464153027, 9781464153020

More Books

Students also viewed these Mathematics questions