Can you just help me with the solution and I'll do the solving please. 1. An investor has five stocks that she follows each day. The random variable being studied is X, thenumber of stocks that increases in value each day The probability function for this variable is shownbelow.123.5.f(x)=P[X=x0.34.3020.10.05.01Question: Find the probability that on a given day, majority of the stocks will increase in value.Solution:Majority of the stocks means we will consider stocks(X) which is minimum more than half fromO to 5. Hence, we need to find P[x2 3].Plx 2 3)= P(x = 3]+ P(x = 4]+ P[x = 5]= /(3) + f(4) +f(5)= (0.10+0.05 +0.01 where Plx > 31 = Plx = 3| + Px= 41 + P[x 5] = (3) + (4) + f(5) = 0.10 + 0.05 +0.01 =0.16Therefore, the probability that the majority of the stocks will increase in value is 0.16 (or 16%).2. A coach has 6 players that will join track and field. The random vanable that is being studied is X,the number of players that will win. The probability function for this variable is shown in the tablebelow.13.4.0.050.02)= P[X=x]0.400.240.190.1Question: Find the probability that the majority of the players will win the play?Solution and answer:3. A census was conducted at a prison. All prisoners were asked how many tattoos they had whichwill serve as random vanable X. The table below shows the probability distribution for randomvariable X.34'DUCATION

Name: Can you just help me with the solution and I'll do the solving please.
Uploaded: 2024-03-20T06:38:44.000Z
Channel: Bartleby
Description: Can you just help me with the solution and I'll do the solving please. 1. An investor has five stocks that she follows each day. The random variable being studied is X, thenumber of stocks that increases in value each day The probability function for