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4 items are filed under this topic.
The mean and variance 2008-06-05
From Donny:
An investment will be worth $1,000, $2,000, or $5,000 at the end of the year. The probabilities of these values are .25, .60, and .15, respectively. Determine the mean and variance of the worth of the investment.
Answered by Harley Weston.
A probability distribution 2008-03-23
From Lorie:
The probabilities that a batch of 4 computers will contain 1, 2, 3, and 4 defective computers are 0.6274, 0.3102, 0.0575, and 0.001 respectively.

a. Set up a probability distribution to describe this situation.

Answered by Penny Nom.
Expected value and standard deviation 2008-03-19
From Patrick:
Heres a question i cant figure out:
a small airline company has only three flights per day. The number of delayed flights per day is regarded as a random variable, and I'm supposed to calculate the expected value and standard deviation of the number of delays. the probability distribution looks like:
No. of Delays: 0 1 2 3
Prob. of delay: 05. 0.3 .1 .1

Answered by Harley Weston.
A probability question 2004-08-15
From Gary:
In a law school class, the entering students averaged about 160 on the last LSAT; the standard deviation was about 8. The historgram of the lLSAT scores follwed the normal curve reasonable well.

Q. About what percentage of the class scored below 166?

Q. One student was 0.5 above average on the last LSAT, about what percentage of the students had lower scores than he did?

Answered by Penny Nom.



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