Approximately 8.33% of men are colorblind. You survey men from a large population until you find one
a. Explain in words what X is in this situation and what values it can take.
b. Why is this a Geometric distribution situation? What is the parameter?
c. What is the probability you will have to survey at most 16 men until you find the first one who is colorblind?
d. What is the probability you will have to ask exactly 12 men until you find the first who is colorblind?
e. What is the expected value of X?
f. What is the variance of X?
g. Show the labeled graph of the mass for this story.
h. Show the labeled graph of the CDF for this story. 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...
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