Whats the expected number of cars in a randomly selected American household? a. 1.00 b. 1.75 c.
Question:
What’s the expected number of cars in a randomly selected American household?
a. 1.00
b. 1.75
c. 1.84
d. 2.00
e. 2.50
Choose an American household at random and let the random variable X be the number of cars (including SUVs and light trucks) they own. Here is the probability distribution if we ignore the few households that own more than 5 cars:
Select the best answer.
Transcribed Image Text:
Number of cars 1 2 3 4 5 Probability 0.09 0.36 0.35 0.13 0.05 0.02
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
From given probability distr...View the full answer
Answered By
Aqeela Parkar
I have completed bachelor of science in mathematics. I have done bachelor of education in mathematics from reputed University. I have 4 years full time teaching experience with 6 years tutoring experience. I am currently working as a subject matter expert in Chegg. I teach students with great interest and pleasure. Teaching and tutoring is my all time favorite hobby. I like to enhance children's skills by encouraging them properly.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
Five percent of the many cars produced at a plant are defective. Ten cars made at the plant are sent to a dealership. Let X be the number of defective cars in the shipment. a. Under what conditions...
-
Compute the expected number of cars arriving in Problem 13-15 using the expected value formula. Compare this with the results obtained in the simulation. In Problem 13-15 The number of cars arriving...
-
The average American family of four spends $5000 per year on food prepared at home. Assuming a normal distribution with a standard deviation of $1000 and a randomly selected American family of four,...
-
Include another public method in the Employee class from Pencil and Paper Exercise 3. The method should calculate an Employee objects new salary, which is based on the raise percentage provided by...
-
Suppose that P(A) = .4 and P(A B) = .12. a. Find P(B | A). b. Are events A and B mutually exclusive? c. If P(B) = .3, are events A and B independent?
-
Given the different entries and thesis statement, write a five-point outline for the text that follows. Observe the standard format. Due to the mounting issues and controversies concerning global...
-
For each of the following situations, calculate a \(95 \%\) confidence interval for the mean ( \(\sigma\) known), beginning with the step, "Identify the critical value of \(z\)." X = 7.00, o Xe =...
-
At the companys quarterly strategy meeting, senior management decided to expand into business education materials aimed at corporations that require entry-level and mid-level managers to complete...
-
You intend to purchase Dorchester common stock at $52.00 per share, hold it for 1 year, and then sell it after a dividend of $6.25 is paid. How much will the stock price have to appreciate for you to...
-
United Airlines flies to more than 200 domestic and international destinations and operates more than 3,300 flights a day. Although the airlines hubs are strategically located in Chicago, Denver, Los...
-
Machines that fill bags with powdered sugar are supposed to dispense 32 ounces of powdered sugar into each bag. Let X = the weight (in ounces) of the powdered sugar dispensed into a randomly selected...
-
The standard deviation of X is X = 1.08. If many households were selected at random, which of the following would be the best interpretation of the value 1.08? a. The mean number of cars would be...
-
Find an example of a bounded convex set S in R 2 such that its profile P is nonempty but conv P S.
-
Volkswagen obfuscated, they denied, and they ultimately lied. These were the words of U.S. Attorney General Loretta Lynch, as she set out how the German carmaker would be punished for attempting to...
-
In 2011, one of the most complex and difficult congressional budget decisions in years finally determined the fate of the Marine Corps Expeditionary Fighting Vehicle (EFV). Given the numerous delays,...
-
What is the time estimate of an activity in which the pessimistic time is 68 hours, optimistic time is 24 hours, and likely time is 48 hours? Show your work.
-
FEMA, the Federal Emergency Management Agency, is responsible for mitigating or responding to natural disasters within the United States. Go to https://www.fema....
-
Go to http://4pm.com/category/project-plan/wbs/ and view a short tutorial on developing an effective Work Breakdown Structure. Why does this site specifically warn against creating a laundry list of...
-
Pam Corporation owns 90 percent of the voting stock of Sun Corporation and 25 percent of the voting stock of Ell Corporation. The 90 percent interest in Sun was acquired for $36,000 cash on January...
-
The relationship described in question 7 does not always appear to hold. What factors, besides the number of firms in the market, might affect margins?
-
Assess the significance of each of the variables? A Cox proportional-hazards model was fit to these data to assess the relationship between age, sex, number of cigarettes smoked, and log10CO...
-
Estimate the effects of each variable in terms of hazard ratios, and provide 95% confidence limits corresponding to each point estimate? A Cox proportional-hazards model was fit to these data to...
-
Compare the crude and adjusted analyses of the relationship of log 10 CO to recidivism in Problems 14.8 and 14.9? A Cox proportional-hazards model was fit to these data to assess the relationship...
-
Speedy Auto Repairs uses a job-order costing system. The company's direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics' hourly...
-
3. A, B and C are partners sharing profits and losses equally. The balance sheet at 31st December 2020 is as follows. Assets Liabilities Amount Amount (RO) (RO) Creditors 5,000 Cash at Bank 3,000...
-
For each of the following program fragments, give an analysis of the running time. 1) sum = 0; for (int i = n; i > 0; i--) for (int j = 0; j
Study smarter with the SolutionInn App