My alarm clock wakes me up only 64% of the time. My probability class meets at 8:30
Question:
a. What is the expected value of X?
b. What is the probability that X is 30?
c. If there are 48 class days over the semester, what is the probability that I will have lost only 9% of my grade? What distribution is this? How do you know?
d. Let Y be the number of days until I lose my first percentage off my grade. What distribution is this? How do you know? 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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Related Book For
Introduction to Probability
ISBN: 978-0716771098
1st edition
Authors: Mark Daniel Ward, Ellen Gundlach
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