Question: NOTHER Census data are often used to obtain probability distributions for various random variables. Census data for families in a particular state with a combined

NOTHER Census data are often used to obtain probability distributions for various random variables. Census data for families in a particular state with a combined income of $50,000 or more show that 24% of these families have no children, 27% have one child, 29% have two children, and 20% have three children. From this information, construct the probability distribution for x, where x represents the number of children per family for this income group. (Give your answers correct to two decimal places.) P(0 children) = P(1 child)= P(2 children ) P(3 children) = Additional Materials
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
