Task 8: Answer the following: The profits of a mobile company are normally distributed with Mean of R.O (17 x 10) and standard deviation of R.0 (17). a. Find the probability that a randomly selected mobile has a profit greater than R.0 ((17x10) + 10). b. Any mobile phone which profit is greater than R.O (17x10) + 10)is defined as expensive. Find the probability that a randomly selected mobile has a profit greater than R.0 ((17x10) + 20) given that it is expensive. c. c.Half of expensive mobile phones have a profit greater than R.O h. Find the value of h.

Task 8: Answer the following: The profits of a mobile company are normally distributed with Mean of R.O (17 x 10) and standard deviation of R.0 (17). a. Find the probability that a randomly selected mobile has a profit greater than R.0 ((17x10) + 10). b. Any mobile phone which profit is greater than R.O (17x10) + 10)is defined as expensive. Find the probability that a randomly selected mobile has a profit greater than R.0 ((17x10) + 20) given that it is expensive. c. c.Half of expensive mobile phones have a profit greater than R.O h. Find the value of h.

Name: Task 8: Answer the following: The profits of a mobile company are nor
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Description: Task 8: Answer the following: The profits of a mobile company are normally distributedwith Mean of R.O (17 x 10) and standard deviation of R.0 (17).a. Find the probability that a randomly selected mobile has a profit greater than R.0((17x10) + 10).b

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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Concept explainers

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.

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Task 8: Answer the following: The profits of a mobile company are normally distributed
with Mean of R.O (17 x 10) and standard deviation of R.0 (17).
a. Find the probability that a randomly selected mobile has a profit greater than R.0
((17x10) + 10).
b. Any mobile phone which profit is greater than R.O
(17x10) + 10)is defined as expensive.
Find the probability that a randomly selected mobile has a profit greater than R.0
((17x10) + 20) given that it is expensive.
c. c.Half of expensive mobile phones have a profit greater than R.O h. Find the value of h.

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