Identify the type of random variablebinomial, Poisson, or hypergeometricdescribed by each of the following probability distributions: a.
Question:
Identify the type of random variable—binomial, Poisson, or hypergeometric—described by each of the following probability distributions:
Transcribed Image Text:
a. p(x) b. p(x) .5% e-s x! = - (3) (-2)*(.8) 6-* = (x = 0, 1, 2, ...) (x = 0, 1, 2, ...,6)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
a The probability distribution px 5te describes a Poisson distribution In the Poisson dis...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Statistics For Business And Economics
ISBN: 9781292227085
13th Global Edition
Authors: Terry Sincich James Mcclave, P. George Benson
Question Posted:
Students also viewed these Business questions
-
In the HR system, what kind of elements would make it hard to map out a process? Also, please explain what can be done (e.g. breaking down a larger process into an interconnected set of sub-processes...
-
Identify the type of random variable binomial, Poisson, or hyper geometric described by each of the following probability distributions: a. P (x) = 5xe-5 / x! (x = 0, 1, 2, ...) c. P (x) = 10! / {x!...
-
A fisherman attaches 7 hooks to his line. Every time he casts the line, each hook will be swallowed by a fish with probability 0.1, independent of whether any other hook is swallowed. Define F to be...
-
At the beginning of the year, COMET Company decided to raise additional capital by issuing 8,000 of 1,000 face amount 5-year bonds with interest rate of 12% payable semi-annually on June 30 and...
-
Exhaust gases having properties similar to dry air enter an exhaust stack at 800 K. The stack is made of steel and is 8 m tall and 0.5 m ID. The gas flow rate is 0.5 kg/s and the ambient temperature...
-
Define the term reinvestment rate and describe how it differs for any cash flow series between (1) A PW value calculated at the MARR, (2) The IROR value i*.
-
The approved boards were run through a multihead mill that planed the bottom side and shaped the top and sides of the handrail? LO.1
-
Following is partial information for the income statement of Audio Solutions Company under three different inventory costing methods, assuming the use of a periodic inventory system: Required: 1....
-
.. STAY HOME-du 8:06 PM mylms.ajman.ac.ae @ 11% D4 On January 1, 2020, Eddy Industries had retained earnings of 650,000. During the year, Eddy had the following selected transactions. Prepare a...
-
Given that x is a binomial random variable, compute p(x) for each of the following cases: a. n = 7, x = 3, p = .5 b. n = 4, x = 3, p = .8 c. n = 15, x = 1, p = .1
-
Find the following probabilities for the standard normal random variable z: a. P(0 < z < 2.25) b. P(-2.25 < z < 0) c. P(-2.25 < z < 1.25) d. P(-2.50 < z < 1.50) e. P(z > -2.33 or z > 2.33)
-
What is persuasion?
-
What is the discount rate? PV = 7 0 0 ; t = 5 year period; FV = 1 0 0 0
-
How is planning illustrated in this case story? How is strategic management illustrated in this case story? The new CEO stated that the CEO's job is to give employees a point of view. Explain what...
-
Explain the Following Questions: 1. What essential characteristics exist in a proper understanding of "personal mastery," so that as an individual achieves greater progress in this discipline, they...
-
Few people want to eat discolored french fries. Potatoes are kept refrigerated before being cut for french fries to prevent spoiling and preserve flavor. But immediate processing of cold potatoes...
-
Part 3 of 4 Points: 0.49 of 1 Compute P(X) using the binomial probability formula. Then determine whether the normal distribution can be used to estimate this probability. If so, approximate P(X)...
-
A hot air balloon with a volume of 12.0 m3 is initially filled with air at a pressure of 1.00 atm and a temperature of 19.0C. When the balloon air is heated, the volume and the pressure of the...
-
San Carlos Bank and Trust Company uses a credit-scoring system to evaluate most consumer loans that amount to more than $2,500. The key factors used in its scoring system are found at the conclusion...
-
Find and interpret the coefficient of determination for the regression of DVD system sales on price, using the following data. Sales 420 380 350 400 440 380 50 420 Price 98 194 244 07 89 261 149 198
-
Find and interpret the coefficient of determination for the regression of the percentage change in the Dow Jones index in a year based on the percentage change in the index over the first five...
-
A random sample of data for 7 days of operation produced the following (price, quantity) data values: Price per Gallon of Paint, X Quantity Sold, Y 10 .................100 8 ...................120 5...
-
Physical Units Method, Relative Sales Value Method Farleigh Petroleum, Inc., is a small company that acquires high - grade crude oil from low - volume production wells owned by individuals and small...
-
A proposed $2.5 M investment in new equipment at a 100 MG/y M&Ms factory will save the plant $800,000/y in energy costs. Assuming an annual interest rate of 5%/y (compounded annually), and an...
-
Brief Exercise 10-7 Coronado Company obtained land by issuing 2,250 shares of its $14 par value common stock. The land was recently appraised at $103,240. The common stock is actively traded at $44...
Study smarter with the SolutionInn App