The U.S. Department of Agriculture estimates that the yearly yield of limes per acre is distributed as follows: Yield, bushels per acre Probability 450 0.1 400 0.18 480 0.5 500 0.22 The estimated average price per bushel is $16.80. Use the following random
The U.S. Department of Agriculture estimates that the yearly yield of limes per acre is distributed as follows: Yield, bushels per acre Probability 450 0.1 400 0.18 480 0.5 500 0.22 The estimated average price per bushel is $16.80. Use the following random
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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The U.S. Department of Agriculture estimates that the yearly yield of limes per acre is distributed as follows:
Yield, bushels per acre | Probability |
450 | 0.1 |
400 | 0.18 |
480 | 0.5 |
500 | 0.22 |
The estimated average price per bushel is $16.80.
Use the following random numbers to simulation yield crop for 10 year: 0.37, 0.23, 0.92, 0.01, 0.69, 0.50, 0.72, 0.12, 0.46, 0.81. If the simulation begins with the second random number, the simulated value for the yield of the crop would be:
Group of answer choices
480
500
400
450
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