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Click the icon to view the survey results ULHUVIU # of credit cards, x # of credit cards, IV he probability is Round to three decimal places as needed) # of credit cards, x torner Cons escribe the shape of the distribution. he distribution has one mode and is skewed right. e) Determine the mean and standard deviation number of credit cards from the probability distribution found in part (c). he mean is 3.07 credit cards.. Type an integer or a decimal. Do not round.) VEYSSI # of credit cards, x the standard deviation is 1.840 credit cards. Round to three decimal places as needed) Determine the probability of randomly selecting an individual whose number of credit cards is more than two standard deviations from the mean. Is this result unusual? he probability is 07 Type an integer or a decimal. Do not round) his result is not unusual because the probability is greater than 0.05 ) Determine the probability of randomly selecting two individuals who are issued exactly two credit cards [Hint Are the events independent?] Interpret this result.

Click the icon to view the survey results ULHUVIU # of credit cards, x # of credit cards, IV he probability is Round to three decimal places as needed) # of credit cards, x torner Cons escribe the shape of the distribution. he distribution has one mode and is skewed right. e) Determine the mean and standard deviation number of credit cards from the probability distribution found in part (c). he mean is 3.07 credit cards.. Type an integer or a decimal. Do not round.) VEYSSI # of credit cards, x the standard deviation is 1.840 credit cards. Round to three decimal places as needed) Determine the probability of randomly selecting an individual whose number of credit cards is more than two standard deviations from the mean. Is this result unusual? he probability is 07 Type an integer or a decimal. Do not round) his result is not unusual because the probability is greater than 0.05 ) Determine the probability of randomly selecting two individuals who are issued exactly two credit cards [Hint Are the events independent?] Interpret this result.

MATLAB: An Introduction with Applications
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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One question from a survey was "How many credit cards do you currently have?" The results of the survey are provided. Complete parts (a) through (g) below. Click the icon to view the survey results. Z UJU # of credit cards, x Describe the shape of the distribution. The distribution has one mode and is skewed right 2 UUTU # of credit cards, x U 24 U 5 15 # of credit cards, x (e) Determine the mean and standard deviation number of credit cards from the probability distribution found in part (c). The mean is 3.07 credit cards. (Type an integer or a decimal. Do not round.) ULTUUIU # of credit cards, x The standard deviation is 1.840 credit cards (Round to three decimal places as needed.) (f) Determine the probability of randomly selecting an individual whose number of credit cards is more than two standard deviations from the mean. Is this result unusual? The probability is 07 (Type an integer or a decimal. Do not round.) This result is not unusual because the probability is greater than 0.05. (g) Determine the probability of randomly selecting two individuals who are issued exactly two credit cards. [Hint: Are the events independent?] Interpret this result. The probability is (Round to three decimal places as needed)
Transcribed Image Text:One question from a survey was "How many credit cards do you currently have?" The results of the survey are provided. Complete parts (a) through (g) below. Click the icon to view the survey results. Z UJU # of credit cards, x Describe the shape of the distribution. The distribution has one mode and is skewed right 2 UUTU # of credit cards, x U 24 U 5 15 # of credit cards, x (e) Determine the mean and standard deviation number of credit cards from the probability distribution found in part (c). The mean is 3.07 credit cards. (Type an integer or a decimal. Do not round.) ULTUUIU # of credit cards, x The standard deviation is 1.840 credit cards (Round to three decimal places as needed.) (f) Determine the probability of randomly selecting an individual whose number of credit cards is more than two standard deviations from the mean. Is this result unusual? The probability is 07 (Type an integer or a decimal. Do not round.) This result is not unusual because the probability is greater than 0.05. (g) Determine the probability of randomly selecting two individuals who are issued exactly two credit cards. [Hint: Are the events independent?] Interpret this result. The probability is (Round to three decimal places as needed)
Print Done 3246NON 223 22~23~N~GN 233333NVEN 2211AAN www. 3822-35133 NAAN N N NOWG 9331 w w wASU 2332 V W NW N W 3214 NAN232 6211 - NWNAN Credit Card Survey Results
Transcribed Image Text:Print Done 3246NON 223 22~23~N~GN 233333NVEN 2211AAN www. 3822-35133 NAAN N N NOWG 9331 w w wASU 2332 V W NW N W 3214 NAN232 6211 - NWNAN Credit Card Survey Results
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