Outcome 0.5 1 2.5 Probability 0.3 0.35 0.15 2.5 Find the expected value of the probability model.
Q: A landscape contractor bids on jobs where he can make $3250 profit. The probabilities of getting 1,…
A: The question is about discrete probability distribution Given : To find : Contractor's exp.…
Q: Calculate the Expected return and Standard Deviation.
A: From the given information, Ripi-0.10.05-0.020.10.040.20.090.30.140.20.20.10.280.05
Q: find the expected value of each probability distribution. show a clear a solution, pls. thank you
A:
Q: Practice Exercise 1. A grade 11 student of Tabaco National High School surveyed the households in…
A:
Q: Find the expected value of the above random variable.
A: The probability distribution is, Probability Scores 0.35 1 0.1 4 0.15 6 0.15 7 0.20 13…
Q: Complete the table and find the Expected value u of this probability distribution. * P(z) xP(2) 0.05…
A:
Q: Find the expected value of the random variable. 2 P(x) 0.20 X 3 4 5 0.45 0.10 0.25
A:
Q: In a carnival game, the probability that you win$100 is 0.04, the probability that you win$10 is…
A: Let x - winning amount. x 100 10 -5 P(x) 0.04 0.3 0.66
Q: 3 0.5 Find the expected value of this probability distribution. Round your answer to one decimal…
A: It is given that the probability distribution of random variable X with values 0,1,2, and 3.
Q: Probability Scores 0.05 0 0.4 2 0.25 3 0.05 7 0.15 9 0.1 14 Find the expected value of the above…
A: ∈x =Σx.Px
Q: Probability Scores 0 1 0.05 0.2 0.25 0.15 0.05 0.1 0.2 68 8 12 13 14 Find the expected value of the…
A: Expected value(E(X))=∑X.P(X)
Q: Heavy Snows Probability 1 .12 2 .19 3 .24 4 .22 .13 6. .08 7 .02 1.00 Alex is considering the…
A: Introduction: Denote the random variable X as the number of days with heavy snow in a year. Suppose…
Q: grab bags a convene store has made up 2o grab bag gifts and is offering them for 2.00$ a bag. ten…
A: Given ten bags contain merchandise worth 1.00$ six bags contain merchandise worth $2'00 four bags…
Q: Find the probability mass function of X, then solve for its expected value, variance ,and standard…
A: here toss a pair of dice so total outcomes = 36 X = maximum of two dice shown here use basic…
Q: alottery ticket costs you $5. 10,000 lottery tickets are sold with only one ticket can win $5,000.…
A: It was stated that a lottery ticket costs $5. 10,000 lottery tickets are sold with only one ticket…
Q: The manager of a video store has compiled the following table, which gives the probabilities that a…
A:
Q: Probability Scores 0.2 2 0.3 4 0.15 5 0.15 9 0.2 14 Find the expected value of the above random…
A: Probability, P(x) Scores (x) 0.2 2 0.3 4 0.15 5 0.15 9 0.2 14
Q: Find the expected value for the random variable. 6 8 10 12 P(y) 0.4 0.4 0.08 0.12 V 7.84 9 07.76…
A: The given random variable, y 6 8 10 12 P(y) 0.4 0.4 0.08 0.12 We have to find the expected…
Q: Expected Value: A company sells a product for $100. The cost of producing the product is $70.…
A: Profit = (100-70)n where n = number products n = 0 : Profit of selling 0 productProfit = (100-70)(0)…
Q: 2.5. A computer program is tested by 3 independent tests. When there is an error, these tests will…
A: As per our guideline we are suppose to answer only one question . Given,P(error in first…
Q: Bayesian Model
A: Full joint distribution: 25= 32 probabilities Structured distribution: specify 10 parameters…
Q: of the (1) X 2 4 6 8 10 Plz) 0.4 0.15 0.05 0.1 0.1 A Y 1 2 3 4 Py) 0.2 0.1 0.45 0.25 llowing rep…
A:
Q: Let X represent the number of margaritas ordered at a beachfront bar in the Caribbean during happy…
A: The random variable X follows normal distribution. We have to find the expected value of X. This is…
Q: Probability Scores 0.05 4 0.3 5 0.1 6 0.4 9 0.05 10 0.1 11 Find the expected value of the above…
A:
Q: I 0 1 2 E 0.1 0.1 0.3 0.5 3 Find the expected value of this probability distribution. Round your…
A:
Q: 39% of U.S. adults say they are more likely to make purchases during a sales tax holiday. You…
A:
Q: 2.35 Another card game. In a new card game, you start with a well-shuffled full deck and draw 3…
A: The probability can be defined as a amount of likelihood that an event will occur.
Q: Probability Scores 0.05 0 0.15 2 0.05 4 0.25 5 0.25 6 0.15 9 0.1 11
A: Let the random variable x denote the score Given that Scores (x) probability P(X) 0 0.05 2…
Q: Probability Scores 0.25 0 0.01 1 0.16 2 0.01 6 0.06 8 0.06 11 0.45 12 Find the expected value of the…
A: scores : xprobability : P(x)00.2510.0120.1660.0180.06110.06120.45FInd expected value of the random…
Q: A random variable, y, has a known probability distribution given by :y=2, 4, 6,8,10 and P : 0.1…
A: Given information: Y 2 4 6 8 10 P(Y) 0.17 0.23 0.2 0.3 0.1 Formula:
Q: If 20 percent of the mice used in an experiment will become very aggressive after having been…
A: 3. Given Information : If 40 percent of the mice used in an experiment will become very aggressive…
Q: 1. Determine whether the given values can be looked upon as the values of a probability distribution…
A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…
Q: A random variable, y, has a known probability distribution given by :y=2, 4, 6,8,10 and P: 0.17,…
A: y P(y) 2 0.17 4 0.23 6 0.2 8 0.3 10 0.1
Q: 11-15 1- 2 3 4 P(x) 0.11 0.21 0.22 0.39 0.07 16-20. 2 P'(x) 0. 12 0.42 0.36 0.09
A:
Q: Confidence Level Tommy the Dunker’s performance on the basketball court is influenced by his state…
A: If he scores then he is twice as likely to score as not, means he has a 2/3 chance of scoring and a…
Q: Probability Scores 0.1 0 0.1 1 0.2 3 0.2 5 0.1 6 0.15 7 0.15 10 Find the expected value of the…
A: The expected value is written as E(X). The scores are the xi values. And the probabilities are the…
Q: Sores Probability 0.1 0.1 0.25 4 0.35 0.15 13 0.05 14 Find the expected value of the above random…
A: Let X denote the scores with corresponding probability p(x). X( scores) prob p(x) 0 0.1 1 0.1…
Q: Probability Scores 0.4 0 0.2 3 0.2 9 0.1 10 0.1 14 Find the expected value of the above random…
A: Solution : Given : X : Scores X 0 3 9 10 14 P(X) 0.4 0.2 0.2 0.1 0.1 Expected value of…
Q: A wallet contained six 2-euro coins and three 1-euro coins. Four coins accidentally fell out of the…
A: The amount of lost money can take on the values of 0, 2, 4, 6, or 8 euros, depending on which coins…
Q: Probability Scores 3 0.15 0.05 0.1 0.05 0.45 0.2 5 6 7 10 11 Find the expected value of the above…
A: Let X denote a scoresThe scores with probability are given as…
Q: Scenario Probability 0.27 0.45 0.28 Rate of Return -11% 7% 20% a) calculate the expected rate of…
A: Let X be the rate of returns. Therefore the values of X with their probabilities (p) are given. x…
Q: Given W and Y are two events of an experiment with P(W) 0.31, P(Y) 0.42, and P(WUY)-0.67, calculate…
A: We have given W and Y are two events an experiment with PW=0.31,PY=0.42,PW∪Y=0.67
Q: A nearby drive-thru coffee shop tracks daily sales and has observed the distribution in the table…
A: The expected value formula is:
Q: Probability 0.07 Scores 0.24 0.33 10 380 0.22 11 0.14 12 Find the expected value of the above random…
A: Let X be the score.Given the score with probability as…
Q: Find the expected value and variance of his gain. Interpret the result.
A: HERE GIVEN , A padjack driver tosses an unbiased coin so here probability of tossing head= 0.5…
Q: Find the expected value of the random variable. 3 4 P(x) 0.2 0.3 0.4 0.1
A: Solution-: We have following table: X P(X) 2 0.2 3 0.3 4 0.4 5 0.1 We find expected…
The probability distribution model is given by,
| Outcome | 0.5 | 1 | 2.5 | 2.5 |
| Probability | 0.3 | 0.35 | 0.15 | ? |
Step by step
Solved in 4 steps with 7 images
- Quality Control To control the quality of their product, the Bright-Light Company inspects three light bulbs out of each batch of ten bulbs manufactured. If a defective bulb is found, the batch is discarded. Suppose a batch contains two defective bulbs. What is the probability that the batch will be discarded?Quality Control To control the quality of their product, the Bright-Light Company inspects three light bulbs out of each batch of ten bulbs manufactured. If a defective bulb is found, the batch is discarded. Suppose a batch contain two defective bulbs. What is the probability that the batch will be discarded?Telephone Marketing A mortgage company advertises its rates by making unsolicited telephone calls to random number. About 2% of the calls reach consumers who are interested in the company’s services. A telephone consultant can make 100 calls per evening shift. What is the probability that two or more calls will reach an interested party in one shift? How many calls does a consultant need to make to ensure at least a 0.5 probability of reaching one or more interested parties? [Hint: Use trial and error.]
- Sick leave probability that a given worker at Dyno Nutrition Will call in sick on a Monday is 004. The packaging department has eight workers. What is the probability that two or more ackaging workers Will call in sick next Monday ?Telephone Marketing A mortgage company advertises its rates by making unsolicited telephone calls to random numbers. About 2 of the calls reach consumers who are interested in the companys services. A telephone consultant can make 100 calls per evening shift. a What is the probability that two or more calls will reach an interested party in one shift? b How many calls does a consultant need to make to ensure at least a 0.5 probability of reaching one or more interested parties? Hint: Use trial and error.Political Poll An independent polling organization interviewed 100 college students to determine their political party affiliations and whether they favor a balanced-budget amendment to the Constitution. The table lists the results of the study. In the table, D represents Democrat and R represents Republican. Find the probability that a person selected at random from the sample is as described. (a) A person who does not favor the amendment (b) A Republican (c) A Democrat who favors the amendment
