A discrete variable X can take on integer values of 1 to 5. A sample of size

Question:

A discrete variable X can take on integer values of 1 to 5. A sample of size 100 results in the following probability estimates.


A discrete variable X can take on integer values of 1


(a) Use the following random numbers to estimate the probabilities for each value of X.
(b) Determine the sample probabilities for X = 1 and X = 5. Compare the sample results with the probabilities in the problem statement.
RN: 10, 42, 18, 31, 23, 80, 80, 26, 74, 71, 03, 90,
55, 61, 61, 28, 41, 49, 00, 79, 96, 78, 42, 31,26

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

Step by Step Answer:

Related Book For  book-img-for-question

Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

Question Posted: