
Introduction to Business Statistics
7th Edition
ISBN: 9781111792374
Author: WEIERS
Publisher: Cengage Learning
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Textbook Question
Chapter 8.3, Problem 8.9E
For a random variable that is
a. greater than 78.
b. between 79 and 85.
c. less than 85.
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a =1500, b=1700 what is percentage of a is b
A 12-inch bar that is clamped at both ends is to be subjected to an increasing amount of stress until it snaps. Let Y = the distance from the left end at which the break occurs. Suppose Y has the following pdf.
f(y) =
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(a) Compute the cdf of Y.
F(y) =
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0 ≤ y ≤ 12
1-
12
y 12
Graph the cdf of Y.
F(y)
1.0
0.8
0.6
0.4
0.2
y
2
6
8
10
12
F(y)
F(y)
F(y)
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0.8
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0.4
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0.8
0.8
0.6
0.4
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0.6
0.4
0.2
2
4
6
8
10
12
(b) Compute P(Y ≤ 5), P(Y > 6), and P(5 ≤ y ≤ 6). (Round your answers to three decimal places.)
P(Y ≤ 5) =
P(Y > 6) =
P(5 ≤ y ≤ 6) =
(c) Compute E(Y), E(y²), and V(Y).
E(Y) =
in
E(Y2)
v(x) =
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2
2
4
6
8
10
12
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2
4
6
8
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12
A restaurant serves three fixed-price dinners costing $12, $15, and $20. For a randomly selected couple dining at this restaurant, let X = the cost of the man's dinner and Y = the cost of the woman's dinner. The joint pmf of X and Y is given in the following table.
p(x, y)
15
y
12
20
12
0.05 0.10
0.35
x
15
0.00 0.20
0.10
20
0.05 0.05
0.10
(a) Compute the marginal pmf of X.
x
12
Px(x)
Compute the marginal pmf of Y.
y
Pyly)
12
15
20
15
20
(b) What is the probability that the man's and the woman's dinner cost at most $15 each?
(c) Are X and Y independent? Justify your answer.
X and Y are independent because P(x, y) = Px(x) · Py(y).
X and Y are not independent because P(x, y) =Px(x) · Pyly).
X and Y are not independent because P(x, y) * Px(x) · Py(y).
X and Y are independent because P(x, y) * Px(x) · Py(y).
(d) What is the expected total cost, in dollars, of the dinner for the two people?
$
(e) Suppose that when a couple opens fortune cookies at the conclusion of the meal, they find the…
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Introduction to Business Statistics
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