Suppose that the PDF for the number of years it takes to earn a Bachelor of Science (B.S.) degree is given as in the table below. x P(x) 3 0.05 4 0.40 5 0.15 6 0.30 7 0.10 On average, how many years do you expect it to take for an individual to earn a B.S.? (Enter your answer to two decimal places.) years
Suppose that the PDF for the number of years it takes to earn a Bachelor of Science (B.S.) degree is given as in the table below. x P(x) 3 0.05 4 0.40 5 0.15 6 0.30 7 0.10 On average, how many years do you expect it to take for an individual to earn a B.S.? (Enter your answer to two decimal places.) years
Suppose that the PDF for the number of years it takes to earn a Bachelor of Science (B.S.) degree is given as in the table below. x P(x) 3 0.05 4 0.40 5 0.15 6 0.30 7 0.10 On average, how many years do you expect it to take for an individual to earn a B.S.? (Enter your answer to two decimal places.) years
Suppose that the PDF for the number of years it takes to earn a Bachelor of Science (B.S.) degree is given as in the table below.
x
P(x)
3
0.05
4
0.40
5
0.15
6
0.30
7
0.10
On average, how many years do you expect it to take for an individual to earn a B.S.? (Enter your answer to two decimal places.) years
Definition Definition Probability of occurrence of a continuous random variable within a specified range. When the value of a random variable, Y, is evaluated at a point Y=y, then the probability distribution function gives the probability that Y will take a value less than or equal to y. The probability distribution function formula for random Variable Y following the normal distribution is: F(y) = P (Y ≤ y) The value of probability distribution function for random variable lies between 0 and 1.
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