Weight loss after two months on the Davies Diet has a uniform distribution defined by the following

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Weight loss after two months on the Davies Diet has a uniform distribution defined by the following probability density function:
Weight loss after two months on the Davies Diet has

where x = values for the €œweight loss€ random variable.
a. Determine the probability that weight loss will be between 18 and 21 lbs.
b. Determine the probability that weight loss will be less than 17 lbs.
c. Determine the mean (expected value), the variance and the standard deviation of the €œweight loss€ random variable.
d. Show that the total area associated with the probability density function here is 1.0. That is, demonstrate that P(15 ‰¤ x ‰¤ 25) = 1.0. Explain the significance of this property.

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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Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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