Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1. Suppose X is a continuous random variable taking values between 0 and 1 and having a probability distribution described by the following density curve.

184_Probability distribution.gif

The probability that X takes a value between 0 and 3/4 is
A. 0.875.
B. 0.75.
C. 3/8.

2. The weight of a medium size orange selected at random from a large bin of oranges at the local supermarket is a random variable with mean μ = 12 ounces and standard deviation σ = 1.2 ounces. Suppose we independently pick two oranges at random from the bin. The expected value of the sum of the weights of the two oranges, in pounds (1 pound = 16 ounces) is

A. 24.
B. 1.5.
C. 0.75.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9158079

Have any Question?


Related Questions in Statistics and Probability

A student recieves the grades shown below with an a worth 4

A student recieves the grades shown below, with an A worth 4 points, a B worth 3 points, a C worth 2 points, and a D worth 1 point. What is the students grade point average? A in 1 four - credit classes C in 1 three - cr ...

Transaction costsnbspnbspin late december you decide for

Transaction costs  In late December you decide, for tax purposes, to sell a losing position that you hold in Twitter, which is listed on the NYSE, so that you can capture the loss and use it to offset some capital gains, ...

The following is data a veterinarian collected from some of

The following is data a veterinarian collected from some of her clients. It is a rough estimate % of dogs weight and how long the dog lived estimate of dog's weight(xi)         life span(yi) 20                            ...

A company recently had 26 million shares outstanding

A company recently had 26 million shares outstanding trading at $45/share. The company announces its intention to raise $290M by selling new shares. Studies show losses are 30%of the size of the new issue, so how large a ...

A pharmaceutical company claims that the average cold lasts

A pharmaceutical company claims that the average cold lasts an average of 8.4 days. They are using this as a basis to test new medicines designed to shorten the length of colds. A random sample of 106 people with colds, ...

A random sample of 34 taxpayers claimed an average of 9623

A random sample of 34 taxpayers claimed an average of ?$9,623 in medical expenses for the year. Assume the population standard deviation for these deductions was ?$2,441. Construct confidence intervals to estimate the av ...

When carolinas house burned down she lost household items

When Carolina's house burned down, she lost household items worth a total of $145,000. Her house was insured for $245,000, and her homeowner's policy provided coverage for personal belongings up to 70 percent of the insu ...

In a pre-election poll a candidate for district attorney

In a pre-election poll, a candidate for district attorney receives 304 of 600 votes. Assuming that the people polled represent a random sample of the voting population, test the claim that a majority of voters support th ...

Staples has six special drafting pencils for sale two of

Staples has six special drafting pencils for sale, two of which are defective. A student buys two of these six drafting pencils, selected at random. Let the random variable X be the number of defective pencils. Construct ...

In a sample of 41 temperature readings taken from the

In a sample of 41 temperature readings taken from the freezer of a restaurant, the mean is 29.7 degrees and the standard deviation is 2.7 degrees. What would be the 80% confidence interval for the temperatures in the fre ...

  • 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