Computing probability values for given data
A golf tournament director recorded the number of putts required on ahole for the four rounds of the tournament. The random variable x represents the number of putts required on the hole.
x
0
1
2
3
4
5
P(x)
0.007
0.292
0.394
0.245
0.058
0.004
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The U-tube manometer shown to the right is used to measure the exact weight of a liquid. The manometer tube has an internal diameter of 0.5cm and it is initially filled with water.
In this economy, compute private saving, public saving, and national saving. Find out the equilibrium interest rate. Now suppose which G rises to 1,250. Compute private saving, public saving, and national income.
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A company recorded the number of phone lines in use per hour throughout one work day. The random variable x represents the number of phone lines in use.
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