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Can you tell me the related chapter and why the other answers are wrong?
Question: How do you interpret f(x) for a discrete and a continuous random variable?
a. For a discrete random variable it gives the probability that the random variable takes on the value of x and for a continuous random variable it gives the height of the probability density function.
b. For a discrete random variable it gives the height of the probability mass function and for a continuous random variable it gives the probability that the variable takes on the value of x.
c. For both discrete and continuous random variables it gives the area under the curve to the left of x.
d. For a discrete random variable it gives the total probability for all values less than or equal to x and for a continuous random variable f(x) always equals zero.
e. For a discrete random variable it gives the cumulative probability function value and for a continuous random variable it gives the value of the probability mass function.
Intermodal transport is the use of two or more modes of transportation, in combination, to form an integrated cost effective transport chain to achieve operational efficiency while maintaining sustainability (Lowe, 2005). In Europe and North America ..
Business has fallen off greatly at your upscale restaurant because of the economic crisis. List four things you can do to win back the loyalty of your past costumers.
What would you give an example of a microeconomic decision you've made at work or home? What factors contributed to making that decision.
Illustrate what rate of inflation characterized this economy during 1994.
make comparision between the situation after both of these changes have happened with the situation before any of these changes have happened.
What is the maximum price the airline should be willing to pay for a new A-320neo? Note: This computation is easiest to perform using MS Excel. The Excel computations may be copied and pasted into MS Word.
Airway Express has evening flight from Los Angeles to New York with average of 80 passengers and return flight the next afternoon with average of 50 passengers. Should the airline remain in business?
Assume that the pure expectations theory for the term structure of interest rates holds, no liquidity or maturity premium exists, and the bonds are equally risky.
Use the following information for a company's output at various levels of employment (L) to compute:
Explain how do you solve for a, b, c, e in the equations: Qd = a-bW and Qs = c+eW when you know the equilibrium wage (or price) is $4, there are 100,000 people employed, Elasticity of demand is equal to -0.4 and Elasticity of supply is equal to 0...
Why would you expect the inflation rate to accelerate if the actual unemployment rate declined to a level lower than the "full employment" unemployment rate (NAIRU) and remained at that low level for a year or longer? Explain your answer in a few ..
You are planning a short-run production function for your firm, and you have collected the following data on labour usage and output: Calculate estimates of total. Average, and marginal products when the firm employs 23 workers
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