The number of children per household, x, in the United States in 2008 is expressed as a
Question:
a. Is this a discrete probability distribution? Explain.
b. Draw a histogram for the distribution of x, the number of children per household.
c. Replacing 5 + with exactly 5, find the mean and standard deviation.
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...
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