(Answered) Consider the following situations a basketball player will

Economics

Consider the following situations:

A basketball player will attempt 20 shots, X is the number of shots he/she makes.
A couple plans to have 4 children, X is the number of boys in the 4 children.
40 US residents will be selected, X is the number of females in the 40 selected people.
A student will take an exam with 20 questions, X is the number of correct answers.

In each of these cases, (a) state the sample space of the random experiment, (b) find the number of all possible outcomes, (c) explain why X is a random variable and state its range, (d) formulate conditions under which X is (at least approximately) a Binomial random variable

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M92705562
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Economics

Benefits of abating emission mb500-20acost of abating

Benefits of abating emission: MB=500-20A Cost of abating emission: MC=200+5A What are the marginal benefit and marginal cost of abatement at socially efficient level of abatement? What is the net social benefit at the ef ...

Inc 409661 2796 pop INC = 40966.1 + 2.796 POP' sample size = 400

INC = 40966.1 + 2.796 POP' sample size = 400 (se) (545.8) (.2796); R 2 = .2468 1. Where INC is the income in millions of dollars and POP the population in millions of people. Provide an ...

A person who is hit by lightning had a 14 chance of being

A person who is hit by lightning had a 1/4 chance of being killed. What is the probability that someone who is struck by lightning will live to tell about it?

Why would the communities in the territories not be listed

Why would the communities in the territories not be listed for government transfer payments? Why do cities and towns get government transfer income?

Suppose the lifetime of a particular appliance follows an

suppose the lifetime of a particular appliance follows an exponential distribution with a mean of 10 years. what is the probability that the appliance will fail in more than 5 years?

Williamnbspis interested in knowingnbspwhether or not

William is interested in knowing whether or not athletics from his team have lower satisfaction with their team on a survey than the known population average survey score of 19 and the known population survey standard ...

Suppose a bond with no expiration date has a face value of

Suppose a bond with no expiration date has a face value of $10,000 and annually pays a fixed amount of interest of $900. a. In the table provided below, calculate and enter either the interest rate that the bond would yi ...

Suppose that 1 of the employees of a certain company use

Suppose that 1% of the employees of a certain company use illegal drugs. This company performs random drug tests that return positive results 99% of the time if the person is a drug use. However, it also has a 2% false p ...

Some farm land is more productive than other land in the

Some farm land is more productive than other land in the sense that it can grow more food per hectare. Farmers also use fertilizer to grow food (i.e. adding fertilizer increases crop yield by 10 percent) earn more revenu ...

Arrival of vehicles at new jersey turnpike toll booth on

Arrival of vehicles at New Jersey Turnpike toll booth on Saturdays at dawn is modeled as a Poisson Arrival process with a rate of 1.21 vehicles per minute. Let X be a random variable that records the number of arrivals b ...

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