Problems based on conditions for probability distribution
Find out whether each of distributions given below represents a probability distribution. Justify your answer.
A)
x
1
2
3
4
P(x)
0.25
5/12
1/3
1/6
B)
6
8
0.1
3/5
0.3
C)
20
30
40
50
0.2
-0.2
0.7
Expected delivery within 24 Hours
Assume the tag fee charged every year for every vehicle new or old, is a fixed amount of $100. Would such a tax be classified as progressive or regressive, and why.
Assume an excess of tuna causes the price to fall to $2.75/ kilogram. Estimate the effect would this have on the number of crew members used per boat? Assume the price rose to $5.00/kilogram. What effect would this have on hiring crew members?
Find out the probability that x = 2 by using the binomial tables. Employ the normal approximation to find out the probability that x = 2. Describe all work.
Explain how much are your fixed costs. Illustrate what is the variable cost of producing 20 units of output.
Rockwell Heating is selling a commercial heating unit at the price of 100,000 dollar per unit. Calculate the probability of payment that would make Rockwell indifferent between granting credit and the present policy.
Compute the marginal product of labor when 9 units of labor are utilized. Illustrate what is the maximum price of capital at which the firm will still make nonnegative profits.
How many Euros can you get for 2,500 dollar given the following exchange rates.
Compute marginal cost. Illustrate what is the marginal cost function for good one.
1961147
Questions Asked
3,689
Active Tutors
1419548
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
Explain the risks of not reporting the results of your forensic assessment findings accurately. Provide specific examples.
Read "The Effect of Tart Cherry Juice Compared to a Sports Drink and Cycling Exercise Performance, Substrate Metabolism, and Recovery" from University Library
Identify and analyze one resource that provides information regarding services for dealing with and treating substance use and abuse in youth or adolescence.
Discuss how culture may influence one's perceptions. Provide an example of how culture may impact the interaction between a patient/client
Write an essay describing your achievement of a goal and your friends or family member's achievement of a goal using motivational theory
Pets can have a therapeutic effect on people; they seem to have the power to calm the anxious and cheer the depressed. Give three reasons
Review Chapter 12 and consider how your culture has impacted your worldview and personality. Pay particular attention to the section on characteristics of Cult