MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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The uniform probability distribution was determined to be the following.

f(x) = 1/30,000 , 0,                        $200,000 ≤ x ≤ $230,000   elsewhere

The graph of this distribution is a rectangle, which has an area equal to the width multiplied by the height. Recall that the height is given in the probability distribution. That is, the height of this rectangle is 1/30,000.

The probability statement is P(x < $212,000). Since this distribution is only valid for values of x between $200,000 and $230,000, the rectangle representing this probability will be between 200,000 and 212,000, giving a rectangle width of  _______________

Find the area of this rectangle, which will give P(x < $212,000).

P(x < $212,000)  =            width · height

 = (_____________) (1/30,000)

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