Question 30A randomly selected realtor's monthly commission (in thousands) can be estimated by a random variablethat follows F-distribution with parameters (14,4). Let X be the monthly commission of a randomlyselected realtor.1. Describe the distribution of X:P(X<13.1)=0.99X<7.1P(X<7.9)P(X<13.1)=0.992. Use the random variable notation to express symbolically each of the following:X<7.1P(X<7.9)P(X<13.1)=0.99X<7.1P(X<7.9)i. less than 7.1:X- Select an answer ✓ (dfn=Select an answerX²ii. more than 7.9:✓An event in which the monthly commission (in thousands) of a randomlyselected realtor is less than 7.1.iv. more than 72.4:F3. Use technology to find the probability that the monthly commission (in thousands) of a randomlyselected realtor is:v. less than 98.3:The probability of an event in which the monthly commission (in thousands)of a randomly selected realtor is less than 7.9.iii. between 0.4 and 8:,dfd=The probability of an event in which the monthly commission (in thousands)of a randomly selected realtor is less than 13.1 is equal to 0.99.4. Find the 11-th percentile:€11%(round the answer to 2 decimal places)(round the answer to 2 decimal places)(round the answer to 2 decimal places)(round the answer to 2 decimal places)(round the answer to 2 decimal places)(round the answer to 2 decimal places)

The provided information is as follows:Let denotes the monthly commission of a randomly selected…

Answered: A randomly selected realtor's monthly…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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he chance of an IRS audit for a tax return with over $25,000 in income is about 2% per year. We are interested in the expected number of audits a person with that income has in a 10-year period. Assume each year is independent. Give the distribution of X.X ~
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