Consider the two similar distributions discrete and continuous, and show your detailcalculations to answer the followings:a. What is the expected value of: Random.Discrete(5,0.8, 10,1.0)?b. What is the expected value of: Random.Continuous(5,0.8, 10,1.0)?

Answered: Image /qna-images/answer/f5376474-d731-48e1-b610-de1915056143.jpg

Answered: Consider the two similar distributions…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Similar questions

A survey of all the students in your school yields the following probability distribution, where X is the number of movies that a selected student has seen in the past week. 0 1 2 3 4 Number of Movies Probability 0.1 0.5 0.1 0.1 0.2 Compute the expected value u and the standard deviation o of X. (Round answers to one decimal place.) H = 1.8 movies O = 2.2 |× movies For what percentage of students is X within two standard deviations of µ? % Need Help? Read It Master It
Dr. Wilson is considering investing a fixed sum of money in each of three business ventures. Assume that the probability distribution for the number of successful ventures out of three is as follows: X P(X) 0 .022 1 .194 2 .434 3 .350 What is the expected value for the number of successful ventures? What is the standard deviation for the number of successful ventures? What is the probability that Dr. Wilson will enjoy at least two successful ventures? What is the probability that Dr. Wilson will enjoy no successful ventures?
Given the probability distributions shown to the right, complete the following parts. a. Compute the expected value for each distribution. b. Compute the standard deviation for each distribution. c. What is the probability that x will be at least 3 in Distribution A and Distribution B? d. Compare the results of distributions A and B. Distribution A Distribution B xi P(X=xi) xi P(X=xi) 0 0.03 0 0.46 1 0.11 1 0.23 2 0.17 2 0.17 3 0.23 3 0.11 4 0.46 4 0.03 Question content area bottom Part 1 a. What is the expected value for distribution A? μ=enter your response here (Type an integer or decimal rounded to three decimal places as needed.) Part 2 What is the expected value for distribution B? μ=enter your response here (Type an integer or decimal rounded to three decimal places as needed.) Part 3…
Two chips are drawn at random from a bowl containing 2 white and 3 red chips. Let ?=X=the number of red chips drawn. (a) Write down the probability distribution for ?X. (b) What is the expected value of ?X? (c) Compute the standard deviation of ?X.
Let Y = 3X – 1, where X is a random variable that is distributed uniformly from 10 to 50. Answer the following questions.a. What is the probability that X takes any value from 20 to 30? Draw the distribution and identify this probability in the distribution. Show your calculations.b. Calculate the expected value of X in addition to the variance and standard deviation of X. Show your calculations.c. Calculate the expected value of Y in addition to the variance and standard deviation of Y. Show your calculations.
Solve for (E)

Recommended textbooks for you

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

SEE MORE TEXTBOOKS

Consider the two similar distributions discrete and continuous, and show your detail calculations to answer the followings: a. What is the expected value of: Random.Discrete(5,0.8, 10,1.0)? b. What is the expected value of: Random.Continuous(5,0.8, 10,1.0)?