An appliance dealer sells three different models of upright freezers having 13.5, 15.9, and 19.1 cubic feet of storage space. LetX-the amount of storage space purchased by the next customer to buy a freezer. The probability distribution of X is givenbelow. If the price of a freezer having capacity X cubic feet is Y-25X-8.5 then what is the expected value of the price. Do notgive units.xP(X-x)13.515.919.1JAN25

From the information, given thatLet X denotes the amount of storage space purchased by customer to…

Answered: An appliance dealer sells three…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Explain why the t-distribution has less spread as the number of degrees of freedom increases.
The police have estimated that there are twelve major accidents per day on a particular 10-mile stretch of a national highway. Suppose the incidence of accidents is evenly distributed on this 10-mile stretch of the highway. a. Find the probability that there will be fewer than eight major accidents in this 10-mile stretch of the highway. (Do not round intermediate calculations. Round your final answer to 4 decimal places.) Probability b. Find the probability that there will be more than two accidents in a 1-mile stretch of this highway. (Do not round intermediate calculations. Round your final answer to 4 decimal places.) Probability
A personal trainer at a gym is preparing a protein shake for a client after a work-out. The protein shake requires a 45 g serving of protein powder, to be taken from the 1.5 kg tub. If the tub in use is only partially full, and the amount remaining is unknown, what is the probability that there is enough protein powder left in the tub to make the protein shake? P(X > 45).___ Round to 3 significant digits.
Plot the appraisal price in dollars that can be paid for combined lease bonus and speculative drilling cost using the following risk: 1,5, and 10 %. The prospect is a 80- acre tract, pay thickness is 100 ft. The probability of dry hole is set at 50%. If the well is successful, recovery in bbls per acre-ft may be as low as 100 to as high as 200, with most probable recovery being 150 bbl/acre-ft. Operating profit may be taken as $ 3 per barrel. Completion costs for a successful well will exceed the cost of a dry well by $40,000. Assume the exploration budget is 0, 3, 6 and 10 MM dollars
For each probability and percentile problem, draw the picture.Suppose that the length of long distance phone calls, measured in minutes, is known to have an exponential distribution with the average length of a call equal to 12 minutes. Part (g) Find the probability that a phone call lasts less than 13 minutes. (Round your answer to four decimal places.) Part (h) Find the probability that a phone call lasts more than 13 minutes. (Round your answer to four decimal places.) Part (i) Find the probability that a phone call lasts between 9 and 13 minutes. (Round your answer to four decimal places.)
determine whether the given procedure results in a binomial distribution. if not, give the reason. Rolling a single die 34 times, keeping track of the number of 3s that are rolled.
The weight of a package mailed during the holidays follows a uniform distribution and ranges from 2 pounds to 9 pounds. What is the probability that a package is less than 5 pounds? Express answer as a percent with 1 decimal
Determine whether the given procedure results in a binomial distribution. Tossing a coin 25 times and recording the number of tails you get.
A vaccine has a 87% probability of being effective in preventing disease. The probability of getting the disease if a person is not vaccinated is 46%. In a certain geographic region, 21% of the people get vaccinated. If a person is selected at random, find the probability that he or she will contract the disease. Round your answer to three decimal places. Also, draw a tree diagram or a table to support your work.

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS