Suppose that F is a continuous c d f on the real line, and let 1 and 2 be numbers such that F(1) 0 3 and F(2) 0 8 If 25 observations are selected at random from the distribution for which the c d f is F, what is the probability that six of the observed values will be less than 1, 10 of the observed...

The probability that a given observed value will be less than 1 is p1 F 1 03 the probabil ...

Suppose that F is a continuous c.d.f. on the real line, and let 1 and 2 be

Question:

Suppose that F is a continuous c.d.f. on the real line, and let α1 and α2 be numbers such that F(α1) = 0.3 and F(α2) = 0.8. If 25 observations are selected at random from the for which the c.d.f. is F, what is the probability that six of the observed values will be less than α1, 10 of the observed values will be between α1 and α2, and nine of the observed values will be greater than α2?
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...