Suppose X is a random variable defined as X =- final cost of project estimated cost of project vhich has a PDF as follows: f:(x)={3/x 1sxsa x>a a. Determine the value of a. b. What is the probability that the final cost of a project will exceed its estimated cost by 25%? c. Determine the mean value and standard deviation of X.

Suppose X is a random variable defined as X =- final cost of project estimated cost of project vhich has a PDF as follows: f:(x)={3/x 1sxsa x>a a. Determine the value of a. b. What is the probability that the final cost of a project will exceed its estimated cost by 25%? c. Determine the mean value and standard deviation of X.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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