Chapter 06 - Discrete Probability Distributions
Solution Manual for Statistical Techniques in Business and Economics 16th Edition Lind Marchal Wathen 9780078020520 Full download link at: Solution manual: https://testbankpack.com/p/solution-manual-for-statisticaltechniques-in-business-and-economics-16th-edition-lind-marchal-wathen9780078020520/
Chapter 6 Discrete Probability Distributions 1.
Mean = 1.3 Variance = 0.81 found by: XP( X ) 0(.20) 1(.40) 2(.30) 3(.10) 1.3
2 ( X ) 2 P ( X ) (0 1.3)2 (0.2) (1 1.3) 2 (0.4) (2 1.3) 2 (0.3) (3 1.3) 2 (0.1) 0.81 (LO6-3) 2.
Mean = 5.4 Variance = 12.04 found by: XP( X ) 2(.5) 8(.3) 10(.2) 5.4
2 ( X ) 2 P ( X )
(LO6-3)
(2 5.4) (.5) (8 5.4) (.3) (10 5.4) (.2) 12.04 2
2
2
3.
= 14.5, 5(.1) 10(.3) 15(.2) 20(.4) 14.5 Variance = 27.25 2 2 2 2 (5 14.5) (.1) (10 14.5) (.3) (15 14.5) (.2) (20 14.5)2 (.4) 27.25 (LO6-3)
4.
a. b. c. d. e. f.
5.
a.
Discrete Continuous Discrete Continuous Discrete Continuous (LO6-2)
Number of Calls Probability 0 0.16 1 0.20 2 0.44 3 0.18 4 0.02
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