Some parts of California are particularly earthquake-prone. Suppose that in one metropolitan area, 35% of all homeowners are insured against earthquake damage. Four homeowners are to be selected at random. Let X denote the number among the four who have earthquake insurance. (a) Find the probability distribution of X. [Hint: Let S denote a homeowner that has insurance and F one who does not. Then one possible outcome is SFSS, with probability (0.35)(0.65)(0.35)(0.35) and associated X value 3. There are 15 other outcomes.] (Round your answers to four decimal places.) 1 2 3 4 P(x) (b) Draw the corresponding probability histogram. Probability 0.4 Probability 0.4 0.3 0.3 0.2 0.2 0.1 Number with 0.1 Number with 0.0 earthquake 0.0 earthquake 0 1 2 3 4 0 1 2 3 4 insurance insurance Probability Probability 0.4 0.4 0.3 0.3 0.2 0.2 0.1 Number with 0.1 Number with 0.0 earthquake 0.0 earthquake 0 1 2 3 4 0 1 2 3 4 insurance insurance (c) What is the most likely value for X?
Some parts of California are particularly earthquake-prone. Suppose that in one metropolitan area, 35% of all homeowners are insured against earthquake damage. Four homeowners are to be selected at random. Let X denote the number among the four who have earthquake insurance. (a) Find the probability distribution of X. [Hint: Let S denote a homeowner that has insurance and F one who does not. Then one possible outcome is SFSS, with probability (0.35)(0.65)(0.35)(0.35) and associated X value 3. There are 15 other outcomes.] (Round your answers to four decimal places.) 1 2 3 4 P(x) (b) Draw the corresponding probability histogram. Probability 0.4 Probability 0.4 0.3 0.3 0.2 0.2 0.1 Number with 0.1 Number with 0.0 earthquake 0.0 earthquake 0 1 2 3 4 0 1 2 3 4 insurance insurance Probability Probability 0.4 0.4 0.3 0.3 0.2 0.2 0.1 Number with 0.1 Number with 0.0 earthquake 0.0 earthquake 0 1 2 3 4 0 1 2 3 4 insurance insurance (c) What is the most likely value for X?
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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