From the document American Housing Survey for the United States, published by the U S Census Bureau, we obtained the following frequency distribution for the number of persons per occupied housing unit, where we have used 7 in place of 7 or more Frequencies are in millions of housing units For a ra...

a Y 1 2 3 4 5 6 7 b Y 3 c There is a total of 1053 million ho ...

From the document American Housing Survey for the United States, published by the U.S. Census Bureau, we

Question:

From the document American Housing Survey for the United States, published by the U.S. Census Bureau, we obtained the following frequency for the number of persons per occupied housing unit, where we have used "7" in place of "7 or more." Frequencies are in millions of housing units.

For a randomly selected housing unit, let Y denote the number of persons living in that unit.
a. Identify the possible values of the random variable Y.
b. Use random-variable notation to represent the event that a housing unit has exactly three persons living in it.
c. Determine P(Y = 3); interpret in terms of percentages.
d. Determine the probability distribution of Y.
e. Construct a probability histogram for Y.

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...