The following table lists the probability distribution of car sales per day in a used car dealer based on past data. P(X) is the probability of the corresponding value of X = x. Calculate the expected number of sales per day and followed by its standard deviation. P(X) 0.1 1 0.25 0.3 0.35 1.00 3 Total
Q: Q2: The lifetime (in days) of a certain electronic component that operates in a high-temperature…
A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: Assume that adults have IQ scores that are normally distributed with a mean of μ=100 and a standard…
A:
Q: A study has shown that the probability distribution of X, the number of customers in line (including…
A: The formula of Standard deviation is,
Q: The average daily sales(X) of a branch are $500 and standard deviation is $51. Assuming the…
A: Answer: From the given data, The daily sales (X) are normally distributed with mean (μ) = $ 500…
Q: oday, the waves are crashing onto the beach every 5.9 seconds. The times from when a person arrives…
A:
Q: Empirical research on stock market data for two consecutive trading days indicates that 40% of the…
A: a) Consider that π is population proportion of 600 stocks that went up yesterday that will go up…
Q: Assume that adults have IQ scores that are normally distributed with a mean of μ=105 and a standard…
A:
Q: Let x be the number of errors that appear on a randomly selected page of a book. The following table…
A: X p(X) X*p(X) X2*p(X) 0 0.73 0 0 1 0.16 0.16 0.16 2 0.06 0.12 0.24 3 0.04 0.12 0.36 4 0.01…
Q: Porphyria is a pigment in blood protoplasm and other body fluids that is significant in body energy…
A:
Q: Today, the waves are crashing onto the beach every 5.6 seconds. The times from when a person arrives…
A:
Q: Research suggested that the distribution of amount of dissolved solids (D) at wastewater treatment…
A: D~lnNμ,σ and E(D) = 10260CV(D) = 40%
Q: ne averagе тнс со distributed with standard deviation of 2%. Let X be the THC content for a randomly…
A: From the given information we find the probability.
Q: The amounts of nicotine in a certain brand of cigarette are normally distributed with a mean of…
A:
Q: Investor A wants to maximize his expected return by investing some proportion in Stock Z which has…
A: Expected rate of return = 18% Standard deviation max = 25% Standard deviation of Z = 21%
Q: The natural logarithm of the lifetime (i.e., take the natural log of the lifetime, in hours) of a…
A: Let X be the lifetime of a considered type of bulb. The distribution of X can be stated as Y =…
Q: Find the probability that at least 1 student misses the weekly quiz. b. Find the mean value of x.…
A: x p(X) x*p(X) x 2*p(x) 0 0.5 0 0 1 0.3 0.3 0.3 5 0.1 0.5 2.5 10 0.1 1.0 10 1.8 12.8
Q: John plays a roulette 5 times; each time betting on red. The probability of red is 18/38=9/19. Let X…
A: For a random variable X~B(n,p), the pmf is P(X=x)=nCxpxqn-x ; x=0,1,2...n, p=probability…
Q: Suppose the mean cholesterol levels of women age 45-59 is 5.2 mmol/l and the standard deviation is…
A: Given, mean cholesterol levels of women age 45-59 is 5.2 mmol/l and the standard deviation is 0.7…
Q: Assume that the probability of a being bor sample of 1168 volunteers. Find the most likely number of…
A: Solution
Q: For each probability and percentile problem, draw the picture. The time (in years) after reaching…
A: Given, The time (in years) after reaching age 60 that it takes an individual to retire is…
Q: al. (f) The middle 50% of IQs fall between what two values?
A: The mean is given as, μ=100. The standard deviation is, σ=15. f. To determine the middle 50% of IQs…
Q: n the midnight shift, the number of patients with head trauma in an emergency room has the…
A: The given probability distribution table is, The value of mean is,
Q: each probability and percentile problem, draw the picture. The time (in years) after reaching age…
A:
Q: The average daily sales(X) of a branch are $500 and standard deviation is $51. Assuming the…
A: It is given that Mean, μ = 500 Standard deviation, σ = 51
Q: The type of battery in Jim's laptop has a lifetime (in years) which follows a Weibull distribution…
A: Given The type of battery in Jim's laptop has a lifetime (in years) which follows a Weibull…
Q: Empirical research on stock market data for two consecutive trading days indicates that 60 % of the…
A:
Q: find the probability that a male will lose between 19.34 and 23.45 percent of their body weight.
A:
Q: An agency collects demographics concerning the number of people in families per household in a…
A: Given, then number of people per household, denoted by X, with the below probability distribution:…
Q: A newsstand manager is tracking Y, the number of weekly magazines left on the shelf when the new…
A: Given: The probability distribution of Y is Y P(Y=y) 3 13 7 14 10 13 12 112 E[X] =…
Q: The digestion time (in hours) of a fixed amount of food is exponentially distributed with a = 1. a.…
A: The digestion time (in hours) of a fixed amount of food is exponentially distributed with a = 1. The…
Q: The percent of fat calories that a person consumes each day is normally distributed with a mean of…
A: GivenMean(μ)=33standard deviation(σ)=10sample size(n)=9
Q: The lifetime of a particular brand of battery, X, follows an exponential distribution with a mean of…
A: We have given that, X be the random variable from exponential distribution with mean = 105 Rate(λ) =…
Q: The time (in hours) until the next emergency arrival at a hospital follows an exponential…
A: Given: mean = 2.1 Last arrival = 3 hours back
Q: Empirical research on stock market data for two consecutive trading days indicates that 60% of the…
A: Given:
Q: On the midnight shift, the number of patients with head trauma in an emergency room has the…
A: Let X be a random variable having probability mass function: x : 0 1 2…
Q: The average THC content of marijuana sold on the street is 9%. Suppose the THC content is normally…
A:
Q: The average THC content of marijuana sold on the street is 10%. Suppose the THC content is normally…
A: (a) Determine the distribution of X. The distribution of X is determined below as follows:
Q: The average THC content of marijuana sold on the street is 10%. Suppose the THC content is normally…
A: The distribution of THC content is normal. The mean is 10% and the standard deviation is 2%.
Q: In 2008, the per capita consumption of soft drinks in Country A was reported to be 18.03 gallons…
A:
Q: If a fair coin is tossed 25 times, the probability distribution for the number of heads, X, is given…
A: As mentioned in the question, I will use excel to solve this question.…
Q: a. A random variable X has the following probability distribution: 0 x 18 5x 18 10 x 18 15 x 18 20 x…
A:
Step by step
Solved in 2 steps with 2 images
- The cost of all maintenance for a car during its first year is approximately exponentially distributed with a mean of $131. The lambda of this distribution is The probability that the cost is larger than $157 is P(x ≥ $157) = The probability that the cost is less than $97 is P(x ≤ $97) = The probability that the cost is between $121 and $143 is P($121 ≤ x ≤ $143) = The 20th percentile is cost of maintenance $The monthly return of a particular stock follows the normal distribution with mean 0.01 and standard deviation 0.14. Find the probability that the monthly return of the stock will be less than 0.16. Select one: a. 0.6554 b. 0.6423 c. 0.1423 d. 0.8577 e. 0.3577A sewage treatment plant is located at a high ground in the town. The probability that it will be inundated during a flood is 0.02. What is the probability that the plant will not be inundated for a period of 5 years? [Note the mean rate of flood that would cause inundation = 0.6 x 0.02=0.012]
- An agency collects demographics concerning the number of people in families per household in a certain country. Assume the distribution of the number of people per household is as shown in the table to the right. P(x) D 0.27 0.25 a. Calculate the expected number of people in families per household in the country. b. Compute the standard deviation of the number of people in families per household. 0.27 0.14 0.04 0.03 7 a. The expected number of people in families per household is (Type an integer or a decimal.) 345 6An agency collects demographics concerning the number of people in families per household in a certain country. ASsume the distribution of the number of people per household is as shown in the table to the right. P(x) D 0.25 0.25 a. Calculate the expected number of people in families per household in the country. b. Compute the standard deviation of the number of people in families per household. 0.30 0.13 0.05 0.02 a. The expected number of people in families per household is (Type an integer or a decimal.) b. The standard deviation of the number of people in families per household is (Type an integer or decimal rounded to four decimal places as needed.) Enter your answer in each of the answer boxes. MacBook Pro 80 888 A> 000 esc @ 2$ 1 2 3 4 5 7 8 9 Q W E T. Y U P X234 567A Lumix Panasonic camera has a rechargeable battery. The battery life before recharging is needed can be modeled as an exponential distribution with λ = 0.05. a. Calculate the standard deviation of the battery’s life before recharging. b. Calculate the probability that the battery will last more than 20 hours.
- Admission test scores for a big university's freshmen course are regularly distributed, with the mean being 72.5 and the standard deviation being 13.0. 1. Calculate the probability that a randomly chosen exam paper would provide a score between 70 and 80 on a scale from 1 to 10. 2. Figure out what percentage of 40 randomly chosen test papers have an average score X that falls between 70 and 80 points.A reference states that average daily high temperature in June in a particular city is 86°F with a standard deviation of 7, and it can be assumed that they to follow a normal distribution. We use the following equation to convert "F (Fahrenheit) to "C(Celsius) C-(F-32)=² (a) Write the probability model for the distribution of temperature in C in June in this city. (Round your standard deviation to four decimal places) ~~-[ (b) What is the probability of observing a 31°C (which roughly corresponds to 87.) temperature or higher a a randemily selected day in June in this city? Calculate using the "C model from part (a). (Round your answer to four decimal places.) (c) The probability of observing a 67.8°F temperature or higher on a randomly selected day in June this city is approximately 0.3983, Did you get the same answer or a different answer in part (b)? Are you surprised? Explain. Both sets of calculations produced approximately the same answer which isn't surprising since once we…Assume that adults have IQ scores that are normally distributed with a mean of μ=105 and a standard deviation σ=20. Find the probability that a randomly selected adult has an IQ between 93 and 117.
- Assume that the lifetime of a certain component has an exponential distribution with mean 5 (and that time is measured in years). a. What is the standard deviation of lifetimes? b. What is the probability that a component lasts longer than 10 years? c. What is the probability that a component will function for at least 10 years, given that it has already function for 3 years?In the following probability distribution, X represents the number of calls a telemarketer makes in a day, and the probability they make that many calls. П. 75 0.05 X 100 50 0.01 125 150 175 P(X) 0.15 0.20 0.30 a) Find P(X=175) b) Find E[X] ( c) Find the Variance and Standard Deviation ofXThe lifetime (Y) of a semiconductor laser has a lognormal distribution with a mean of 10 and a standard deviation of 5. a. Calculate the parameters of the lognormal distribution. b. Determine the probability that a lifetime exceeds 10,000 hours. c. Determine the lifetime that is exceeded by 90% of lasers.