The move to online instruction that was forced on universities by COVID has introduced considerable uncertainty in demand for face to face instruction. A business school is trying to decide how many face to face sections of an introductory accounting course need to be offered in the coming semester, and has come up with the following probability distribution for demand. Number of students who will choose to attend in person (x) Prob(x) 200 .10 250 .20 300 .40 350 .15 400 .15 a. Is this a valid probability distribution? Why or why not? b. What is the expected value and standard deviation of the number of students who will choose to attend in person? c. Would you say the distribution above obeys the empirical rule? Justify briefly either way. ***Please answer only D*** d. Regardless of whether you answered yes or no to (c), assume the empirical rule applies. If you were the accounting department chair, what range of values of x would you use to plan how many face-to-face sections to offer? Justify briefly.

The move to online instruction that was forced on universities by COVID has introduced considerable uncertainty in demand for face to face instruction. A business school is trying to decide how many face to face sections of an introductory accounting course need to be offered in the coming semester, and has come up with the following probability distribution for demand. Number of students who will choose to attend in person (x) Prob(x) 200 .10 250 .20 300 .40 350 .15 400 .15 a. Is this a valid probability distribution? Why or why not? b. What is the expected value and standard deviation of the number of students who will choose to attend in person? c. Would you say the distribution above obeys the empirical rule? Justify briefly either way. Please answer only D d. Regardless of whether you answered yes or no to (c), assume the empirical rule applies. If you were the accounting department chair, what range of values of x would you use to plan how many face-to-face sections to offer? Justify briefly.

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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