:26Let X denotes the number of insurance claimsfor an Auto insurance company in a year out of50 randomly selected customers. Theprobability distribution table is given.XP(X)00.510.3520.130.05The expected number of claims per year isfill in blank(Enter an integer or adecimal rounded to two decimal places)

Given that, The random variable X is the number of insurance claims for an auto insurance company in…

Answered: Let X denotes the number of insurance…

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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Determine the probability distribution's missing value. The probability that a tutor will see 0, 1, 2, 3, or 4 students X O oo 0 P(x) 0.45 OA. -0.93 OB. 0.54 OC. 0.46 D. 0.53 1 2 0.02 0.06 34 0.01 ?
Suppose that the random variable xx, shown below, represents the number of speeding tickets a person received in a three-year period. P(x)P(x) represents the probability of a randomly selected person having received that number of speeding tickets during that period. Use the probability distribution table shown below to answer the following questions. xx P(x)P(x) 0 0.3891 1 0.281 2 0.1497 3 0.098 4 0.0471 5 0.0351 6+ 0.0000 What is the probability that a randomly selected person has received four or more tickets in a three-year period?P(x≥4)=What is the probability that a randomly selected person has received more than four tickets in a three-year period?P(x>4)=Help me, please?
In the 2010 U.S. Census, one of the questions asked was “How many people live in your household?” The table below shows the probability distribution of this variable, X. X (Number of People) 1 2 3 4 5 6 7 P(X = x) 0.267 0.336 0.158 0.137 0.063 0.024 0.015 What is the probability that a randomly chosen household has no more than 4 people living in it? 0.898 0.102 0.761 1.961 0.239
The probability distribution given describes the number of thunderstorms that a certain town may experience during the month of August. Let X represent the number of thunderstorms in August. Calculate the expected value (EX). X=# of storms 0 1 2 3 p(x) 0.1 0.2 0.4 0.3 A. 1.9 B. 1.5 C. 1.8 D. 2
Find the mean of the given probability distribution. A police department reports that the probabilities that 0,1,2 and 3 burglaries will be reported in a given day are 0.48,0.41,0.10,and 0.01 respectively.
Suppose that the random variable xx, shown below, represents the number of speeding tickets a person received in a three-year period. P(x)P(x) represents the probability of a randomly selected person having received that number of speeding tickets during that period. Use the probability distribution table shown below to answer the following questions. xx P(x)P(x) 0 0.3891 1 0.281 2 0.1497 3 0.098 4 0.0471 5 0.0351 6+ 0.0000 Would it be unusual to randomly select a person who has received four or more tickets in a three-year period? A. Yes B. NoIs it correct answer B?
Luz has noticed the probability distribution for X = number of cars in line to use the drive-thru ATM when she visits her bank is shown below. X 0 1 2 3 4 P(X) 0.10 0.10 0.40 0.30 0.10 What is the probability mean number of cars in line for the drive-thru ATM when Luz visits her bank?
A deck of four (4) cards has exactly one (1) color printed on each face – blue, yellow, red, or green. You have two (2) identical decks of this type. In this game, you randomly select a card from each of the two decks. Your score is the number of blue cards drawn – refer to this quantity as X. The probability distribution is below: X P(X) 0 0.5625 1 0.375 2 0.0625 What is the average number of blue cards drawn? What is the probability that at most one blue card is drawn?
Find the indicated probability. If P(A or B) = 0.8, P(A) = 0.3, and P(A and B) = 0.15, find P(B). P(B) =| (Simplify your answer. Type an integer or a decimal.)
A deck of four (4) cards has exactly one (1) color printed on each face – blue, yellow, red, or green. You have two (2) identical decks of this type. In this game, you randomly select a card from each of the two decks. Your score is the number of blue cards drawn – refer to this quantity as X. The probability distribution is below: X P(X) 0 0.5625 1 0.375 2 0.0625 1. If we replaced the yellow card in the first deck with another blue card, what would be the probability of drawing two blue cards? 2. If we replaced the yellow card in the first deck with another blue card, what distribution would the variable X follow?
The probability distribution given below represents the projected profit (in thousands of dollars) earned from a business over a year. Profit (x) in thousands of dollars f(x) -100 0.05 -50 0.15 0 0.30 50 0.35 100 0.12 200 0.03 a.) What is the probability that the business will operate at a loss for the year? b.) What is the probability that the business will break even? c.) What is the expected value for profit? Fill out the table below to help you calculate the value.

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