Determine the mean and standard deviation, Basic Statistics

Assignment Help:

1.)  Two dice are rolled and the sum is calculated.  Let X represent the sum of the two dice. Construct a probability distribution expressing probabilities in fractional form.

2.)  Find the mean and standard deviation to 2 decimal places for problem #1.

3.)  On the basis of past experience an insurance salesperson knows that the number of long-term health care insurance policies sold per week by the company is a random variable x with the following probability distribution.

            X                     p(x)

            0                      0.245

            1                      0.143

            2                      0.125

            3                      0.096

            4                      0.078

            5                      0.064

            6                      0.039

            7                      0.029

            8                      0.181

Suppose that a week is randomly selected. Find

a.)  p(x=3)       b.) p(x > 4)         c.) p(x < 8) d.) p(1 < x < 6)

4.)  A question on a proficiency test is multiple choices with five possible answers, one of which is correct.  Assuming that all responses are random guesses, find the probability that among 18 test subjects,

a.) exactly 5 answer the question correctly.

b.)  at most 6 answer the question correctly.

c.)  at least 8 answer the question correctly.

5.)  Referring back to question 4, find the mean to the nearest hundredth and the standard deviation to four decimal places.


Related Discussions:- Determine the mean and standard deviation

Characteristic, 1. Mention the characteristics of Statistics. Explain any t...

1. Mention the characteristics of Statistics. Explain any two applications of Statistics.

Describe time cost of working alters of budget constraint, Suppose that an ...

Suppose that an individual has unearned income of $V and can choose how many hours she works per week at a wage of $w per hour.  Assume that she has a total of 110 hours of time to

develop simulation model-compute average amount, Bob Smith recently comple...

Bob Smith recently completed his MBA and accepted a job with a computer company. To ensure that his retirement is comfortable, he intends to invest $3,000 of his salary into a tax

Index number, How to solve problems of index number fixed based method

How to solve problems of index number fixed based method

Measure of dispersion, What are the uses of measures of dispersion in the f...

What are the uses of measures of dispersion in the field of civil engineering?

Schedules, what are the characteristics of schedules

what are the characteristics of schedules

Card custodian, Card custodian An person who is assigned responsibility of...

Card custodian An person who is assigned responsibility of purchase card security & issuance of cards to authorized users,

Statistics for management, characteristics of statistics and any two applic...

characteristics of statistics and any two application of statistics

Psy1110 Module 2, Which of the following does Utts consider a disaster in s...

Which of the following does Utts consider a disaster in sampling?sk question #Minimum 100 words accepted#

Regression analysis, Data was gathered on a group of ninth grade students. ...

Data was gathered on a group of ninth grade students. Some students have been diagnosed with a learning disability.  All students were measured on conduct, attention, hyperactivity

Write Your Message!

Captcha
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