Consider the following discrete probability distribution: Outcome Probability 0 .. 0.06 1 .. 0.11 2 . 0.24

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Consider the following discrete probability distribution:

Outcome                     Probability

0 ………………..       0.06

1 ………………..       0.11

2 ……………….        0.24

3 ………………         0.27

4 ……………….        0.20

5 ……………….             ?

Determine the missing probability for the random variable that equals 5.

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Business Statistics

ISBN: 9780321925121

2nd Edition

Authors: Robert A. Donnelly

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