A random number generator selects a real number between 0 and 50, inclusive, according to the probability distribution at right Find each value described a Icirc plusmn b P(a number is less than 30) c P(a number is between 20 and 40) d P(a number is 30) e P(a number is 15) f The median value 0 10 2...

a The area of the entire distribution is 80 a so 80 a 1 and a 180 or 0125 b ...

A random-number generator selects a real number between 0 and 50, inclusive, according to the probability distribution

Question:

A random-number generator selects a real number between 0 and 50, inclusive, according to the probability at right. Find each value described.

a. Î±
b. P(a number is less than 30)
c. P(a number is between 20 and 40)
d. P(a number is 30)
e. P(a number is 15)
f. The median value

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...