The random variable X is the number of color television sets owned by a randomly selected household with an annual income between $15,000 and $29,999. Its probability distribution is shown below. Complete parts a through c 0 1 2 3 O + P(X-X) 0.388 + 4 0.116 0.257 0.168 0.071 + a. Find and interpret the mean of the random variable. Hx=(Round to three decimal place as needed.) Interpret the mean. Choose the correct answer below. OA. As the number of observations, n, decreases, the mean of the observations will approach the mean of the random variable. OB. The observed value of the random variable will be less than the mean of the random variable in most observations. OC. As the number of observations, n, increases, the mean of the observations will approach the mean of the random variable. OD. The observed value of the random variable will be equal to the mean of the random variable in most observations. b. Obtain the standard deviation of the random variable. 0x = (Round to three decimal place as needed.) c. Draw a probability histogram for the random variable. Choose the correct graph below.
The random variable X is the number of color television sets owned by a randomly selected household with an annual income between $15,000 and $29,999. Its probability distribution is shown below. Complete parts a through c 0 1 2 3 O + P(X-X) 0.388 + 4 0.116 0.257 0.168 0.071 + a. Find and interpret the mean of the random variable. Hx=(Round to three decimal place as needed.) Interpret the mean. Choose the correct answer below. OA. As the number of observations, n, decreases, the mean of the observations will approach the mean of the random variable. OB. The observed value of the random variable will be less than the mean of the random variable in most observations. OC. As the number of observations, n, increases, the mean of the observations will approach the mean of the random variable. OD. The observed value of the random variable will be equal to the mean of the random variable in most observations. b. Obtain the standard deviation of the random variable. 0x = (Round to three decimal place as needed.) c. Draw a probability histogram for the random variable. Choose the correct graph below.
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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Transcribed Image Text:c. Draw a probability histogram for the random variable. Choose the correct graph below.
O A.
O B.
Color TVs
Color TVs
0 1 2 3 4
0 1 2 3 4
Probability
Probability
O C.
Probability
154321
Color TVs
0 1 2 3 4
O D.
Probability
P-NWAY
Color TVs
0 1 2 3 4

Transcribed Image Text:The random variable X is the number of color television sets owned by a randomly selected household with an annual income between $15,000 and $29,999. Its probability distribution is shown below. Complete parts a through c.
2
4
P(X=X) 0.388
1
0.257
+0.768 | 0.071
+
0.116
a. Find and interpret the mean of the random variable.
Hx = (Round to three decimal place as needed.)
Interpret the mean. Choose the correct answer below.
O A. As the number of observations, n, decreases, the mean of the observations will approach the mean of the random variable.
O B. The observed value of the random variable will be less than the mean of the random variable in most observations.
O C. As the number of observations, n, increases, the mean of the observations will approach the mean of the random variable.
O D. The observed value of the random variable will be equal to the mean of the random variable in most observations.
b. Obtain the standard deviation of the random variable.
6x =
(Round to three decimal place as needed.)
c. Draw a probability histogram for the random variable. Choose the correct graph below.
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