part 1 of 3 A junior actuary created a simple discrete model for the amount of child support a pro- fessional basketball player pays per month. Let S denote the amount of support. She found the expected child support payment to be E[S] = $2870. Fill in the missing information: S 0 1,000 5,000 10,000 Pr(S) A 0.12 0.01 B part 2 of 3 Compute the standard deviation, σs. (Do not report your answer with a $ sign.) Answer in units of dollars. part 3 of 3 Find the expected amount of support, given that the support is $5000 or $10,000. (Do not report your answer with a $ sign.) Answer in units of dollars. 1. A= 0.65, B= 0.22 ○ 2. A=0.6, B= 0.27 3. A= 0.55, B= 0.32 4. A= 0.63, B= 0.24 Your response... PALETTE Your response... PALETTE
part 1 of 3 A junior actuary created a simple discrete model for the amount of child support a pro- fessional basketball player pays per month. Let S denote the amount of support. She found the expected child support payment to be E[S] = $2870. Fill in the missing information: S 0 1,000 5,000 10,000 Pr(S) A 0.12 0.01 B part 2 of 3 Compute the standard deviation, σs. (Do not report your answer with a $ sign.) Answer in units of dollars. part 3 of 3 Find the expected amount of support, given that the support is $5000 or $10,000. (Do not report your answer with a $ sign.) Answer in units of dollars. 1. A= 0.65, B= 0.22 ○ 2. A=0.6, B= 0.27 3. A= 0.55, B= 0.32 4. A= 0.63, B= 0.24 Your response... PALETTE Your response... PALETTE
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 22SGR
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Step 1
Given Information:
S denotes the amount of support.
The expected child support payment is
S | 0 | 1000 | 5000 | 10000 |
P(S) | A | 0.12 | 0.01 | B |
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