In a study of television ratings, groups of 6 U.S. households are randomly selected. In the accompanying
Question:
In a study of television ratings, groups of 6 U.S. households are randomly selected. In the accompanying table, the random variable x represents the number of households among 6 that are tuned to 60 Minutes during the time that the show is broadcast (based on data from Nielsen Media Research).
x P (x)
0..........................0.539
1..........................0.351
2..........................0.095
3..........................0.014
4..........................0.001
5................................0+
6................................0+
Determine whether or not a probability distribution is given. If a probability distribution is given, find its mean and standard deviation. If a probability distribution is not given, identify the requirements that are not satisfied.
DistributionThe 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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