Round your final answer to three decimal places) A survey from Teenage Research Unlimited(Northbrook, Illinois) found that thirty percent of teenage consumers receive their spending money from part-time jobs. Consider ten randomly selected teenagers, and let xx denote the number among the ten who will have part-time jobs. (a) (1 point) Does xx have a binomial or a geometric distribution? (b) (3 points) What is the probability that at most 2 of them will have part-time jobs. (c) (5 points) Find the mean, variance, and standard deviation of xx.
Continuous Probability Distributions
Probability distributions are of two types, which are continuous probability distributions and discrete probability distributions. A continuous probability distribution contains an infinite number of values. For example, if time is infinite: you could count from 0 to a trillion seconds, billion seconds, so on indefinitely. A discrete probability distribution consists of only a countable set of possible values.
Normal Distribution
Suppose we had to design a bathroom weighing scale, how would we decide what should be the range of the weighing machine? Would we take the highest recorded human weight in history and use that as the upper limit for our weighing scale? This may not be a great idea as the sensitivity of the scale would get reduced if the range is too large. At the same time, if we keep the upper limit too low, it may not be usable for a large percentage of the population!
(Round your final answer to three decimal places) A survey from Teenage Research Unlimited(Northbrook, Illinois) found that thirty percent of teenage consumers receive their spending money from part-time jobs. Consider ten randomly selected teenagers, and let xx denote the number among the ten who will have part-time jobs.
(a) (1 point) Does xx have a binomial or a geometric distribution?
(b) (3 points) What is the
(c) (5 points) Find the mean, variance, and standard deviation of xx.
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