If P (X = 1) = p and P (X = 0) = 1 p, show
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
EX 1 p 0 p 1 p Var ...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Making Hard Decisions with decision tools
ISBN: 978-0538797573
3rd edition
Authors: Robert Clemen, Terence Reilly
Question Posted:
Students also viewed these Statistics questions
-
Since the variances of the mean and the midrange are not affected if the same constant is added to each observation, we can determine these variances for random samples of size 3 from the uniform...
-
X is a Bernoulli random variable with Pr(X = 1) = 0.99, Y is distributed N(0, 1), W is distributed N(0, 100), and X, Y, and W are independent. Let S = XY + (1 - X)W. (That is, S = Y when X = 1, and S...
-
X and Z are two jointly distributed random variables. Suppose you know the value of Z, but not the value of . Let X = E( X| Z) denote a guess of the value of X using the information on Z, and let W =...
-
Ilana Mathers, CPA, was hired by Interactive Computer Installations to prepare its financial statements for March 2017. Using all the ledger balances in the owner's records, Ilana put together the...
-
The Individuals with Disabilities Education Act mandates that states and localities provide appropriate education for all students identified as having special needs. States have responded by funding...
-
This year, Benson, Inc., will produce 57,600 hot water heaters at its plant in Saskatoon, Saskatchewan, in order to meet expected global demand. To accomplish this, each labourer at the Saskatoon...
-
A tornado has the following velocity components in polar coordinates: \[ V_{r}=-\frac{C_{1}}{r} \quad \text { and } \quad V_{\theta}=-\frac{C_{2}}{r} \] Note that the air is spiraling inward. Find an...
-
In the current year, Paul Chaing (4522 Fargo Street, Geneva, IL 60134) acquires a qualifying historic structure for $350,000 (excluding the cost of the land) and plans to substantially rehabilitate...
-
Workplace safety has economic, reputational, and ethical implications. What do you think these implications may be? what are the best aspects in employment law in the workplace?
-
Sleepeze Company produces mattresses for 20 retail outlets. Of the 20 retail outlets, 19 are small, separately owned furniture stores and one is a retail chain. The retail chain buys 60% of the...
-
Find the expected value, variance, and standard deviation of X in the following probability distributions: a. P (X = 1) = 0.05, P (X = 2) = 0.45, P (X = 3) = 0.30, P (X = 4) = 0.20 b. P (X = 20) =...
-
If P (A | B) = p, must P (A | B) = 1 p? Explain.
-
The commercial purification of copper metal is carried out in electrolytic cells. The anode is composed of impure (blister) copper, and the electrolyte is a mixture of aqueous CuSO 4 and H 2 SO 4 ....
-
14. A firecracker goes up with a velocity of 20m/s at an angle of 60 to the horizontal. At the top of the projectile, the firecracker explodes into 2 pieces of equal masses. One piece drops straight...
-
In a recent year, the U.S. government took in $1.39924 trillion from taxpayers. The total amount of money taken in by the federal government in that year was about 3.10 trillion dollars. What...
-
A contribution margin income statement organizes costs by behavior (variable or fixed), rather than by function (operating, selling, or administrative). The contribution margin is the difference...
-
Explain how the 4% method would be applied to a $2,000,000 portfolio during the first year of retirement. Explain the relationship between asset allocation of retirement principal, spending rates,...
-
At the end of 2020, Tetris Inc. reported total assets of $236,000 and capital stock of $39,000. It also reported retained earnings at $56,000. What would the total liabilities be as of December 31,...
-
Use the Comparison Test to determine if each series converges or diverges. M8 Vn + 1 + 3 n=1 \ Vn
-
A line l passes through the points with coordinates (0, 5) and (6, 7). a. Find the gradient of the line. b. Find an equation of the line in the form ax + by + c = 0.
-
Each of the following scatterplots a d shows a cluster of points and one stray point. For each, answer questions 1 4: 1) In what way is the point unusual? Does it have high le-verage, a large...
-
The scatterplot shows five blue data points at the left. Not surprisingly, the correlation for these points is r = 0. Suppose one additional data point is added at one of the five positions suggested...
-
The original five points in Exercise produce a regression line with slope 0. Match each of the green points (a e) with the slope of the line after that one point is added: 1) - 0.45 2) - 0.30 3) 0.00...
-
On-campus corporate presentations: Sympathy for the Devil Many students complain about the high number of corporate presentations taking place both on- and off-campus. In this question, we seek to...
-
How do organizations cultivate a culture of open innovation, leveraging crowdsourcing platforms, collaborative networks, and cross-industry partnerships to harness external knowledge and drive...
-
Braeden Sim is the accountant for Sim's Internet Service. From the following information, his task is to construct a balance sheet as of April 30, 201X, in proper form. Could you help him? (Click the...
Study smarter with the SolutionInn App