a) Find the value of P(X=5), the probability that our random variable X is equal to five
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1
Question 2
2.
b) Find the probability that a randomly selected subject plays with at most 3 toys.
1 point
1
Question 3
3.
a. Find P(Y < 20)
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1
Question 4
4.
b. Express the event "at least $20 is collected" in probability notation for the random variable Y.
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1
Question 5
5.
c. What is the probability of the above event?
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1
Question 6
6.
a. Find the mean of Y
Round to the nearest hundredth
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1
Question 7
7.
b. Interpret the mean of Y
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1
Question 8
8.
Find the standard deviation of Y
Round to the nearest hundredth
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1
Question 9
9.
Interpret the standard deviation of Y
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1
Question 10
10.
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1
Question 11
11.
b. What is the expected value of X?
Round to the nearest hundredth
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1
Question 12
12.
c. Interpret the expected value of X
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1
Question 13
13.
a. Find the standard deviation of X
Round to the nearest hundredth
1 point
1
Question 14
14.
b. Interpret the standard deviation of X
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1
Question 15
15.
Find P(Y>6). Round to two decimal places.
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1
Question 16
16.
According to Benford's law above (#10 on the formative), what proportions of the first digits in the employee's expense amounts should be greater than 6? Round to two decimal places.
1 point
1
Question 17
17.
How could this information be used to detect a fake expense report.
1 point
1
Question 18
18.
Are there any problems above that you would like to go over in class? Indicate the question numbers below (Numbers refer to the Formative question number). I'll try to cover anything that is highly requested.