Find the mean of probability distribution

Assignment Help Basic Statistics
Reference no: EM13150094

The probability that merchandise stolen from a store will be recovered is 15%. Suppose a random sample of 8 stores, from which merchandise has been stolen, is chosen. Find the mean μ of this probability distribution.

Reference no: EM13150094

Questions Cloud

What is the smallest value of n : What is the smallest value of N (the life of the system) that can exist such that the probability of getting 15% internal rate of return or greater is 0.90?
What sequence of nucleotide pairs in a drosophila : What sequence of nucleotide pairs in a Drosophila gene will encode the amino acid sequence met-trp-phe-trp-met (reading from the amino terminus to the carboxyl terminus)?
Determine the monthly break-even volume for company : Its variable cost per pound of fertilizer is .15. Evergreen sells fertilizer for .40 per pound. Determine the monthly break-even volume for the company.
Compute the approximate length of pva strand : Calculate the approximate length of PVA strand assming that each monomer unit contributes two carbon atom diameters to the length
Find the mean of probability distribution : The probability that merchandise stolen from a store will be recovered is 15%. Suppose a random sample of 8 stores, from which merchandise has been stolen, is chosen. Find the mean μ of this probability distribution.
Compute predicted quantity demanded of x at these prices : Compute the predicted quantity demanded of X at these prices and income. b. At the values of P, M, PR given above, what are the price, income, and cross price elasticities of demand?
Calculate the number of moles of hydrogen gas : Calculate the number of moles of hydrogen gas that can be produced by the reaction of excess water with 8.75 x 1021 atoms of barium.
Should be resolved by a government fine for the builder : Can only be resolved by a zoning ordinance restricting high-rise buildings. Should be resolved by a government fine for the builder of the high-rise

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability related to number of ticket reservations

Let n = 269 represent the number of ticket reservations. Let r represent the number of people with reservations who show up for the flight. What expression represents the probability that a seat will be available for everyone who shows up holding ..

  Normal probability and distribution-viewers of american idol

The number of viewers of American Idol has a mean of 29 million with a standard deviation of 5 million. Assume this distribution follows a normal distribution.

  Advantage in stating the hypothesis

There is an advantage in stating the hypothesis both in the null and in the alternative; it adds clarity to our thinking of what we are testing. Explain.

  Sampling distribution of sample mean-standard deviation

The mean weight of loads of coal placed in train cars by a loading machine is 43.0 tons with a standard deviation of 8.0 tons. Assuming that the weight of loads placed in the train cars by this loader are normally distributed

  Construct a graph of the probability distribution of x

Construct a graph of the probability distribution of X. What is the probability that a child receives exactly three diagnostic services during and office visit to a pediatric specialist?

  Question on chi square test for goodness of fit

A personnel manager is concerned about absenteeism. She decides to sample the records to determine if absenteeism is distributed evenly throughout the six-day workweek.

  Determine probability that pineapple weighs more

Assume the single pineapple is selected at random from last year's crop. Determine the probability that it weighs more than 35 ounces?

  Probability-playing cards

You are dealt 2 cards from a shuffled deck of 52 cards, without replacement. There are four suits of 13 cards each in a deck of cards

  Determining the degrees of freedom

A contingency table has 5 rows and 4 columns. How many degrees of freedom are there?

  Test claim that treatment is independent of the reaction

At the 0.05 significance level, test the claim that the treatment (drug or placebo) is independent of the reaction (whether or not headaches were experienced).

  Whether mean is greater than large sample test

To determine whether the mean is greater than 16 ounces using large sample test.

  Computing probability-random variable

The amount of time ships spend at the Philadelphia dockyard follows an exponential distribution and the average time spent in the dockyard is 3.1 days.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd