(b) Compute the frequency and probability distribution of X. x P(X = x) Frequency 50 125 150 225 300 (c) What is the probability that, in a randomly selected region, the percentage increase in the cost of a house exceeded 125%? Housing Prices Going into the Real Estate Bubble The following table shows the average percentage increase in the price of a house in 9 regions of the United States. New England 150 Pacific 125 Middle Atlantic 150 South Atlantic 50 Mountain 125 West North Central 225 West South Central 300 East North Central 225 East South Central 150 Let X be the percentage increase in the price of a house in a randomly selected region. (a) What are the values of X? (Enter your answers from smallest to largest. Do not enter redundant values.) X = X = X = X = X =

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.3: Special Probability Density Functions
Problem 36E
Question
(b) Compute the frequency and probability distribution of X.
x
P(X = x)
Frequency
50
125
150
225
300
(c) What is the probability that, in a randomly selected region, the percentage increase in the cost of a house exceeded 125%?
Transcribed Image Text:(b) Compute the frequency and probability distribution of X. x P(X = x) Frequency 50 125 150 225 300 (c) What is the probability that, in a randomly selected region, the percentage increase in the cost of a house exceeded 125%?
Housing Prices Going into the Real Estate Bubble The following table shows the average percentage increase in the price of a house in 9 regions of the United States.
New England
150
Pacific
125
Middle Atlantic
150
South Atlantic
50
Mountain
125
West North Central
225
West South Central
300
East North Central
225
East South Central
150
Let X be the percentage increase in the price of a house in a randomly selected region.
(a) What are the values of X? (Enter your answers from smallest to largest. Do not enter redundant values.)
X =
X =
X =
X =
X =
Transcribed Image Text:Housing Prices Going into the Real Estate Bubble The following table shows the average percentage increase in the price of a house in 9 regions of the United States. New England 150 Pacific 125 Middle Atlantic 150 South Atlantic 50 Mountain 125 West North Central 225 West South Central 300 East North Central 225 East South Central 150 Let X be the percentage increase in the price of a house in a randomly selected region. (a) What are the values of X? (Enter your answers from smallest to largest. Do not enter redundant values.) X = X = X = X = X =
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