a. A very large shipment of parts contains 10% defectives. Two parts are chosen at random from

Question:

a. A very large shipment of parts contains 10% defectives. Two parts are chosen at random from the shipment and checked. Let the random variable X denote the number of defectives found. Find the probability of this random variable.
b. A shipment of 20 parts contains 2 defectives. Two parts are chosen at random from the shipment and checked. Let the random variable Y denote the number of defectives found. Find the probability of this random variable. Explain why your answer is different from that for part (a).
c. Find the mean and variance of the random variable X in part (a).
d. Find the mean and variance of the random variable Y in part (b). Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...