Sppose y is the daily revenue for some company where ey

Assignment Help Basic Statistics
Reference no: EM13615898

Suppose Y is the daily revenue for some company, where E(Y) = $10,000 and Var(Y) = $^2 540,000 and ?y = $734.85.

a) If Y is normally distributed find P(Y ? $11000).

b) If Y is triangularly distributed with ? = $6000 and ? = $12000 find P(Y ? $11000).

c) If Y is uniformly distributed with ? = $6000 and ? = $12000 find P(Y ? $11000).

d) If Y is a gamma random variable find P(Y ? $11000).

e) If Y is lognormally distributed find P(Y ? $11000).

Reference no: EM13615898

Questions Cloud

Being a cost analyst of an automobile company you : being a cost analyst of an automobile company you havesuggested adopting a perpetual inventory system for
The rayleigh probability density function is the special : the rayleigh probability density function is the special case of the weibull probability density function when u03b1
It is a month later and ictu has made its first sale of a : ice cream trucks unlimited ictu started off from gregpearces summer job driving ice cream bikes. he enjoyedthe
A survey of a simple random sample of university alumni : a survey of a simple random sample of university alumni finds that six months after graduation 75 of the 100 liberal
Sppose y is the daily revenue for some company where ey : suppose y is the daily revenue for some company where ey 10000 and vary 2 540000 and ?y 734.85.a if y is normally
Accel graphics is a graphics design consulting firmkaty : accel graphics is a graphics design consulting firm.katy its treasurer has prepared a classified balance sheet as of
A survey of a simple random sample of recent university : a survey of a simple random sample of recent university graduates finds that six months after graduation 75 of the 400
According to an airline a particular flight is on time 95 : according to an airline a particular flight is on time 95 of the time. suppose 10 flights are randomly selected and the
Ici ltd produced soda ash that product uses in : ici ltd produced soda ash. that product uses in differentindustries. the property of this product is highly

Reviews

Write a Review

Basic Statistics Questions & Answers

  A simple random sample without replacement of 30 households

a simple random sample without replacement of 30 households was drawn from a city area containing 14 848 households.

  What is the 99 confidence interval for the true proportion

a sample of 400 racing cars showed that 80 of them cost over 700000. what is the 99 confidence interval for the true

  Creating probability distribution of data

Small bag of Skittles candies has following assortment: red (12), blue (5), orange (15), brown (0), green (16), and yellow (7). Create the probability distribution for x.

  Investment portfolio diagram for three stocks

Expand the above table to show the change in Ms A's investment portfolio over the year, and construct a suitable diagram to illustrate that information.

  Steps used to perform a hypothesis test

Please state the steps used to perform a hypothesis test on the coefficient of correlation and provide a detailed example. Details are greatly appreciated!

  The mean number per month is six with a standard deviation

bill is interested in the infrequent arrival of birds on a remote pacific island in the south seas. the mean number

  Unclear concept regarding regression

List one unclear concept regarding regression and provide an example from your personal or work life where regression could be used to show a relationship between two variables.

  What percent of batteries have a life span more

The life span of a battery is normally distributed, with a mean of 2500 hours and a standard deviation of 50 hours. What percent of batteries have a life span that is more than 2590 hours?

  A researcher is conducting proportionate stratified random

suppose the age distribution in sydney is as followsunder 18 2218-25 1826-50 3651-65 10over 65 14total 100a researcher

  A sample of 64 is taken from a large populatio the

a sample of 64 is taken from a large populatio. the population has a mean of 200 and a standard deviation of 20a

  Use the profit function fx50x80y and the constraints given

a backpack manufacturer produces an internal frame pack and an external frame pack. let x represent the number of

  Consider a dial having a pointer that is equally likely to

consider a dial having a pointer that is equally likely to point to each of n region numbered 12...n. when we spin the

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