Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Let be a random variable with probability function f(x)=144/205x^ 2  , where x=1,2,3,4.

(a) Find the expected value of X 

(b) Find the expected value of Y=2X+3 

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M93125606
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

A confidence interval estimate is desired for the gain in a

A confidence interval estimate is desired for the gain in a circuit on a semiconductor device. Assume that gain is normally distributed with standard deviation σ = 30. (a) How large must n be if the length of the 95% CI ...

Among 140 subjects with positive test results there are 25

Among 140 subjects with positive test? results, there are 25 false positive? results; among 152 negative? results, there are 22 false negative results. If one of the test subjects is randomly? selected, find the probabil ...

Suppose a soft drink company want to perform a taste test

Suppose a soft drink company want to perform a taste test on 5 brands of diet cola. How many permutations are there for presenting 5 diet colas to test subjects?

How can i describe the relationship between diversifiable

How can I describe the relationship between diversifiable risk and total risk, along with the role of Beta?

Many high school students take the ap tests in different

Many high school students take the AP tests in different subject areas. In 2007, of the 144,796 students who took the biology exam 84,199 of them were female. In that same year, of the 211,693 students who took the calcu ...

In a study comparing response rates between treated and

In a study comparing response rates between treated and non-treated subjects, 60% of subjects are observed to have both responded and been treated. If we also know that a randomization ratio of 2:1 was used (e.g. twice a ...

Innbspmid-2009 rite aid hadnbspccc-ratednbsp20-year bonds

In? mid-2009, Rite Aid had? CCC-rated, 20-year bonds outstanding with a yield to maturity of 17.3%. At the? time, similar maturity Treasuries had a yield of 5%. Suppose the market risk premium is 4% and you believe Rite? ...

Sppose a and b are collectively exhaustive in addition pa

Suppose A and B are collectively exhaustive. In addition, P(A) = 0.2 and P(B) = 0.8. Suppose C and D are both mutually exclusive and collectively exhaustive. Further, P(C|A) = 0.7 and P(D|B) = 0.5. What are P(C) and P(D) ...

How does the cost of capital affect capital investments

How does the cost of capital affect capital investments that the firm makes? Cite examples.

The weights of ice cream cartons are normally distributed

The weights of ice cream cartons are normally distributed with a mean weight of 20 ounces and a standard deviation of 0.5 ounces. You randomly select 25 cartons. What is the probability that their mean weight is greater ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As