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Using historical records, the personnel manager of a plant has determined the probability distribution of X, the number of employees

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Using historical records, the personnel manager of a plant has determined the probability distribution of X, the number of employees absent per day. It is


a. Find the following probabilities.

P12 ≤ X ≤ 52

P(X > 5)

P(X < 4)

b. Calculate the mean of the population.

c. Calculate the standard deviation of the population.

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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0 123 4 5 6 7 P(x) 005 .025 310 340 .220 080 .019 .001

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a b c P 2 x 5 P 2 P 3 P …View the full answer


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Related Book For  answer-question
Statistics For Management And Economics Abbreviated

Statistics For Management And Economics Abbreviated

ISBN: 9781285869643

10th Edition

Authors: Gerald Keller

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Question Posted: February 03, 2015 08:30:15
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