For a continuous random variable X, P (20 X 40) = 0.15 and P(X. 40) =

Question:

For a continuous random variable X, P (20 X ≤ 40) = 0.15 and P(X. 40) = 0.16. Calculate the following probabilities.

a. P(X< 40)

b. P(X< 20)

c. P(X= 40)

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Essentials Of Business Statistics Communicating With Numbers

ISBN: 9780078020544

1st Edition

Authors: Sanjiv Jaggia, Alison Kelly

See More Books

Question Posted: Jan 28, 2015 09:32 AM

See More Questions

"Charley Chicken" and "Bradley Bee" are brands of canned tuna. During a week a certain amount of advertising appears for these products. There may be no advertising, one form of advertising...
For a continuous random variable X with an upper bound of 4, P (0 X 2.5) = 0.54 and P (2.5 X 4) = 0.16. Calculate the following probabilities. a. P(X <0) b. P(X>2.5) c. P (0 X 4)
A continuous random variable X that can assume values between x = 1 and x = 3 has a density function given by f(x) = 1/2. (a) Show that the area under the curve is equal to 1. (b) Find P(2 < X <...
Gothic Kings Ltd. Is a 100% owned subsidiary of Hadrian Inc. Gothic has been profitable in the past but incurred a loss for the year ended December 31, 20X3. Hadrian has indicated that if Gothic...
Reagan OBrien bought his parents apple orchards for $200 000. The transfer agreement requires Reagan to make annual year-end payments of $35 000 for 10 years. Money is worth 5.29% compounded...
Use the following information to analyze the inventory management of Amazon.com, Inc.: Use the following information to analyze the inventory management of Amazon.com,Inc.: For the year endedFor the...
Youre looking at some corporate bonds issued by Mazda, and you are trying to determine what the nominal interest rate should be on them. You have determined that the real risk-free interest rate is...
Kimberly is a developer of apartment complexes. Two years ago, she formed Deckside Apartments, a partnership, and initiates development of the Deckside Apartments complex. The Staten Investment Fund...
(a) NP and Co. has imported goods for US $ 7,00,000. The amount is payable after three months. The company has also exported goods for US $ 4,50,000 and this amount is receivable in two months. For...
1. Show how the sampling error calculations for the posttest measures were calculated. 2. If the CEO wanted to be sure that the estimates of awareness and positive image are within 2 percent of the...
The cumulative probabilities for a continuous random variable X are P(X 10) = 0.42 and P(X 20) = 0.66. Calculate the following probabilities. a. P(X <10) b. P(X <20) c. P (10 > X > 20)
A random variable X follows the continuous uniform distribution with a lower bound of 5 and an upper bound of 35. a. What is the height of the density function f (x)? b. What are the mean and the...
Let f(x) = 10 - 3x and suppose that the interval [5,75] is partitioned into 35 subintervals of length 2. Without calculating T 35 , explain why the trapezoidal rule gives the negative of the exact...
Using the equations for standard deviation of the portfolio and Value-at-Risk (VAR) on pages 329 & 334 of the book to solve. 75% of portfolio is in USD (0.75) Use standard deviation for dollar of...
Miller Company's total sales are $126,000. The company's direct labor cost is $15,120, which represents 30% of its total conversion cost and 40% of its total prime cost. Its total selling and...
Using the issue of refugee resettlement as an example, demonstrate how every pairing is either wasteful or has justified envy. 3 groups G = (g1, g2, g3) Group size are s=1,5 = 1,53 = 2 2 localities L...
DM acquired 80%-of the equity shares in SZ on 1 January 20X1. The consideration for the acquisition consisted of the following: Cash of $4,800,000 paid on 1 January 20X1 Cash of $2,000,000 payable on...
A stock has a current selling price of $20. The distribution of the price of the stock one year from now is believed to be as follows: PRICE (x) PROBABILITY f(x) 20 .05 21 .06 22 .07 23 .08 24 .09 25...
How would you explain the big five model of personality traits? What value for the practical manager do you place on this model?
A horizontal annulus with inside and outside diameters of 8 and 10 cm, respectively, contains liquid water. The inside and outside surfaces are maintained at 40 and 20oC, respectively. Calculate the...
Particles of mass $m, 2 m$, and $3 m$ are arranged as shown in Figure P13.8, far from any other objects. These three particles interact only gravitationally, so that each particle experiences a...
An inventory study determines that, on average, demands for a particular item at a warehouse are made 5 times per day. What is the probability that on a given day this item is requested? (a) More...
Find the probability that a person flipping a coin gets (a) The third head on the seventh flip; (b) The first head on the fourth flip.
Three people toss a fair coin and the odd man pays for coffee. If the coins all turn up the same, they are tossed again. Find the probability that fewer than 4 tosses are needed.
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost...
Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven...
Each of the four independent situations below describes a sales-type lease in which annual lease payments of $14,000 are payable at the beginning of each year. Each is a finance lease for the lessee....

For a continuous random variable X, P (20 X 40) = 0.15 and P(X. 40) =

Question:

Step by Step Answer:

a P x 40 1 pX 40 1 016 084 b c T...View the full answer

Essentials Of Business Statistics Communicating With Numbers

Students also viewed these Statistics questions