Represents the number of patients

Assignment Help Finance Basics
Reference no: EM131191013

On average, a doctor will treat between 0 and 5 patients per day.  The random variable x represents the number of patients that were treated on  given day.  

This probability distribution results in a mean score of approximately 2.57.  How do you interpret the mean?

X

0

1

2

3

4

5

P(X)

0.01

0.11

0.35

0.42

0.05

0.06

Reference no: EM131191013

Questions Cloud

How did you decide how to resolve the ethical dilemma : How did you decide how to resolve the ethical dilemma? Did you focus on the possible consequences of various choices? Did you consider how your actions would affect other people in your life, community, or in the world? Did you apply a moral rule ..
Difference between the two population means : Sum of the two samples, The difference between the two population means, The difference between the two sample means, or The sum of the two population means? Please explain your answer.
What is your total score : Run the Clipboard Tablet Co. simulation through the end of 2015. When you are finished, the date will be December 31, 2015. What is your total Score? Did you do better than Joe Thomas?
Explain why they are ultimately unpersuasive : A thesis that clearly states your view on the issue and how ethics is being used to analyze the issue. Analyze the relationship of the current event to philosophy. Facts, information, and perspectives from the news articles that support your argume..
Represents the number of patients : On average, a doctor will treat between 0 and 5 patients per day.  The random variable x represents the number of patients that were treated on  given day.  This probability distribution results in a mean score of approximately 2.57.  How do you in..
Deriv the state and state diagram of the circuit : A sequential circuit has two jk flip flos p6-11 one input x and one output y the logic diagram of the circuit is shown in fig p6 -11 deriv the state and state diagram of the circuit
Determine the state transitions and output sequence : Starting from state 00 in the state diagram of Fig. 6-17. determine the state transitions and output sequence that will be generated when an input sapience of 010110111011110 is appbed.
Determining the population mean : Event A: The height of a randomly selected individual is 5 inches or more above the population mean. Event B: the mean height in a random sample of 16 people is 5 inches or more above the population mean.
Draw diagram to model software system that you are familiar : Create 3 to 4 diagrams to model a software system that you are familiar with and understand. You can use various software applications (e.g., Visio, UML, etc.) to prepare the diagrams.

Reviews

Write a Review

Finance Basics Questions & Answers

  Forecasting latin american currencies

Forecast of appreciation, depreciation, or no change in any particular Latin American currency describe

  What is the cost in dollars of the second 15000 batch if

boisjoly watch imports has agreed to purchase 15000 swiss watches for 1 million francs at todays spot rate. the firms

  A company currently sells

A company currently sells 60,000 units a month at $10 per unit. The marginal cost per unit is $6. The company is considering raising the price by 10% to $11. If the price elasticity of demand is _______________ in that price range, then profit wou..

  Calculate the dollar amount that sureway venture investors

A. Calculate the dollar amount that SureWay venture investors would lend to Jerry’s Tree Services. B. What would be the dollar amount of the loan if the loan is made for only two years?

  A us government bond with a face amount of 10000 with 8

a u.s. government bond with a face amount of 10000 with 8 years to maturity is yielding 3.5. what is the current

  A producer of security systems

Amexicorp, Inc., a producer of security systems, had sales of $400 million, cost of goods sold of $150 million, operating expenses of $100 million, and interest expense of $100 million.

  Interest rate compounded annually

The ccount offers your 5% interest rate compounded annually?

  How are corporate owners compensated

Describe the roles and the basic relationship among the major parties in a corporation—stockholders, board of directors, and president. How are corporate owners compensated?

  A companys fixed operating costs are 650000 its variable

a companys fixed operating costs are 650000 its variable costs are 2.45 per unit and the products sales price is 4.25.

  Question regarding the cost of equity capital

The Dybvig Corporation's common stock has a beta of 1.21. If the risk-free rate is 3.5 percent and the expected return on the market is 11 percent, what is Dybvig's cost of equity capital?

  What is the value of net domestic product

a. What is the value of GDP? b. What is the value of net domestic product? c. What is the value of net investment? d. What is the value of net exports?

  What are ciscos net income

Cisco Systems has total assets of $4.439 billion, total debt of $2.667 billion, and net sales of $1.721 billion. Its net profit margin for the year is 20 percent, while the operating profit margin is 22 percent. What are Cisco's net income, EBIT R..

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