MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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- Problem 9: Let X have the binomial PMF -{()m 5 (0.5), x = 0,1, 2, 3, 4, 5 Px(x) 0, otherwise. (a) Find the standard deviation of X. (b) What is P[µx - ox < X < Hx + ox], the probability that X is within one standard deviation of the expected value?arrow_forwardAn Insurance agent has 12 policyholders who are considered high risk the probability that one of these clients will file a major claim in the next year is 0.023 what is the probability that at most three will file major claims in the next year? (use four decimal places)arrow_forwardKim and Susan are playing a tennis match where the winner must win 2 sets in order to win the match. For each set the probability that Kim wins is 0.59. The probability of Kim winning the set is not affected by who has won any previous sets. (a) What is the probability that Kim wins the match? (b) What is the probability that Kim wins the match in exactly 2 sets (i.e. only 2 sets are played and Kim is the one who ends up winning)? (c) What is the probability that 3 sets are played?arrow_forward
- At the close of the stock markets on a day in 2017, there were 6100 companies listed with certain stock exchanges. On this day, the probabilities of advancing, declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability that a stock was listed on Exchange 2 given that it advanced. Percentage of Probability of Probability of Companies Listed Probability the Stock Stock Stocks Remain Unchanged Exchange Exchange 1 Exchange 2 Advancing Declining 0.5052 0.7237 0.2466 0.0297 0.4948 0.6009 0.3455 0.0536 Let F be Exchange 2 and E be an advance. P(F) = .4948 and P (F') = .5052 The probability that a stock was listed on Exchange 2 given that it advanced is (Do not round until the final answer. Then round to four decimal places as needed.)arrow_forwardWhat is the probability that the letter selected comes before G in the alphabetarrow_forward
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