Exercise 2. Solve the following problems. 1. Let the random variable Y represents the number of bond paper per ream that are used for reproducing modules on any given workday. The probability distribution for Department A is 3. 4. PY) 0.3 0.5 0.1 0.05 0.05 and for Department B 4. PIY) 0.25 0.15 0.30 0 30 Compute for the mean and variance of the two departments. Compare their mean and show that the variance of the probability distribution for department B is greater than of Department A.

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...
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Exercise 2.
Solve the following problems.
1. Let the random variable Y represents the number of bond paper per ream
that are used for reproducing modules on any given workday. The probability
distribution for Department A is
1
3.
4.
PY)
0.3
0.5
0.1
0.05
0.05
and for Department B
2.
P(Y
0.25
0.15
0.30
0 30
Compute for the mean and variance of the two departments. Compare
their mean and show that the variance of the probability distribution for
department B is greater than of Department A.
Transcribed Image Text:Exercise 2. Solve the following problems. 1. Let the random variable Y represents the number of bond paper per ream that are used for reproducing modules on any given workday. The probability distribution for Department A is 1 3. 4. PY) 0.3 0.5 0.1 0.05 0.05 and for Department B 2. P(Y 0.25 0.15 0.30 0 30 Compute for the mean and variance of the two departments. Compare their mean and show that the variance of the probability distribution for department B is greater than of Department A.
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