(d) What is the median checkout duration ? [solve 0.5 = F(M)]. (e) Obtain the density function f(x). f(x) = f'(x) (f) Calculate E(X). (g) Calculate V(X) and a. 0 < x < 4 otherwise

A First Course in Probability (10th Edition)
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Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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**Text Transcription for Educational Website**

---

**Context:**

Let \( X \) denote the amount of time a book on two-hour reserve is actually checked out, and suppose the cumulative distribution function (cdf) is the following:

\[ 
F(x) = 
\begin{cases} 
0 & x < 0 \\ 
\frac{x^2}{16} & 0 \leq x < 4 \\ 
1 & 4 \leq x 
\end{cases} 
\]

**Tasks and Solutions:**

Use the cdf to obtain the following results. (If necessary, round your answer to four decimal places.)

(a) **Calculate \( P(X \leq 3) \).**
- Answer: 0.5625 ✅

(b) **Calculate \( P(2.5 \leq X \leq 3) \).**
- Answer: 0.171875 ✅

(c) **Calculate \( P(X > 3.5) \).**
- Answer: 0.234375 ✅

(d) **What is the median checkout duration \( \tilde{x} \)?** [Solve \( 0.5 = F(\tilde{x}) \).]

(e) **Obtain the density function \( f(x) \).**

\[ 
f(x) = F'(x) = 
\begin{cases} 
\text{(Expression for } \frac{d}{dx}(\frac{x^2}{16}) \text{)} & 0 \leq x < 4 \\ 
0 & \text{otherwise} 
\end{cases} 
\]

(f) **Calculate \( E(X) \).**

(g) **Calculate \( V(X) \) and \( \sigma_X \).**
- \( V(X) \) = 
- \( \sigma_X \) = 

(h) **If the borrower is charged an amount \( h(X) = X^2 \) when checkout duration is \( X \), compute the expected charge \( E[h(X)] \).**

---

Complete any remaining calculations as required to find the unknown values.
Transcribed Image Text:**Text Transcription for Educational Website** --- **Context:** Let \( X \) denote the amount of time a book on two-hour reserve is actually checked out, and suppose the cumulative distribution function (cdf) is the following: \[ F(x) = \begin{cases} 0 & x < 0 \\ \frac{x^2}{16} & 0 \leq x < 4 \\ 1 & 4 \leq x \end{cases} \] **Tasks and Solutions:** Use the cdf to obtain the following results. (If necessary, round your answer to four decimal places.) (a) **Calculate \( P(X \leq 3) \).** - Answer: 0.5625 ✅ (b) **Calculate \( P(2.5 \leq X \leq 3) \).** - Answer: 0.171875 ✅ (c) **Calculate \( P(X > 3.5) \).** - Answer: 0.234375 ✅ (d) **What is the median checkout duration \( \tilde{x} \)?** [Solve \( 0.5 = F(\tilde{x}) \).] (e) **Obtain the density function \( f(x) \).** \[ f(x) = F'(x) = \begin{cases} \text{(Expression for } \frac{d}{dx}(\frac{x^2}{16}) \text{)} & 0 \leq x < 4 \\ 0 & \text{otherwise} \end{cases} \] (f) **Calculate \( E(X) \).** (g) **Calculate \( V(X) \) and \( \sigma_X \).** - \( V(X) \) = - \( \sigma_X \) = (h) **If the borrower is charged an amount \( h(X) = X^2 \) when checkout duration is \( X \), compute the expected charge \( E[h(X)] \).** --- Complete any remaining calculations as required to find the unknown values.
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