JP's investment firm offers its customers mutual funds that are guarantee a certain rateof return after varying numbers of years. Let X represent the number of years we investin a certain mutual fund. The probability distribution of X (the probability that the rateof return is met in the given number of years) is1101530f(x) | 0.010.05 0.120.140.68(a) Find the CDF, F(x). Write your answer as a piecewise function.(b) Find P(X < 20 | X > 5).

Given X 1 5 10 15 30 f(x) 0.01 0.05 0.12 0.14 0.68

Answered: f return after varying numbers of…

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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