(Answered) A university has 14 statistics classes scheduled for its

Economics

A university has 14 statistics classes scheduled for its Summer 2013 term. 1 class has space available for 40 students, eight classes have space for 50 students, 1 class has space for 70 students, and four classes have space for 100 students.

Space is available for 910 students. Suppose that each class is filled to capacity and select a statistics student at random. Let the random variable X equal the size of the student's class. Define the PDF for X. (Enter your answers as fractions.)

x p(x=x) x*p(x=x)

40 _____ __________

50 _______ _________

70 ________ ____________

100 __________ ___________

(d) Find the standard deviation of X. (Round your answer to two decimal places.) _________ students

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M92771027
Price:- $20

Verified Expert

Priced at $40 Now at $20, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Economics

A game is played with a bag of marbles the bag contains 3

A game is played with a bag of marbles. The bag contains 3 red, 5 blue, and 10 yellow marbles. A player can reach in the bag and randomly select one marble. If the marble is Red the player gets $12. If the marble is Blue ...

Use the following table to find thenbspsteady-state values

Use the following table to find the? steady-state values of the? capital-labor ratio and output if the? per-worker production function is y t = 2k t 0.3 . Saving rate (s) = 0.37 Depreciation rate = 0.04 population growt ...

The often made statement that inflation greases the wheels

The often made statement that inflation? "greases the wheels of the labor? market" means simply that A. high and unanticipated inflation allows for real wage adjustments when nominal wages are? sticky, thereby permitting ...

A how can use the criteria for evaluating alternative

a) How can use the criteria for evaluating alternative methods of government finance to assess the most important revenue proposals of the 2018/19 budget. b) In the case tax is most important revenue proposals of the 201 ...

Part a the mean of the sample was calculated as 500 the

Part a) The mean of the sample was calculated as 500. The sample of 25 observations was randomly drawn from a population whose standard deviation is 15. Estimate the population means with 99% confidence. Part b) A random ...

As a single parent earning on a limited income how can you

As a single parent earning on a limited income, how can you stretch your grocery dollar to plan nutritious meals for you and your children? Would you seek the assistance of federal programs?

According to a researchnbspinstitution the average hotel

According to a research? institution, the average hotel price in a certain year was ?$95.36. Assume the population standard deviation is ?$20.00 and that a random sample of 42 hotels was selected. a. Calculate the stand ...

1 lisa and david have been married for two years they have

1. Lisa and David have been married for two years. They have just decided that summer of 2020 should be spent in Switzerland. They figured out that in order to meet the cost of the entire vacation they would only have to ...

Find the probability that when a couple has six children at

Find the probability that when a couple has six ?children, at least one of them is a girl (Assume that boys and girls are equally? likely.)

Under what circumstances would lras and sras have the same

Under what circumstances would LRAS and SRAS have the same slope?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert