Answer:
μ = 1 The firm expects that one oil exploration will be successful.
v(x)= 0.9
Step-by-step explanation:
The first step is to define the random variable x as:
x: number of oil explorations being succesful
Then x can be take this values:
x = 0 , x =1 ... x =10
x is a binomially distributed random variable with parameters.
p = 0.1 and n=10
And the mean or the expected value of x is:
μ = E(x) = np
Then μ = 10*0.1 = 1
And the variance of x is:
V(x) = np(1-p)
V(x) = 10(0.1)(1-0.1)= 0.9
Answer:
Step-by-step explanation:So, if the graph is a straight line, it is the graph of a linear function. From a table, you can verify a linear function by examining the x and y values. The rate of change for y with respect to x remains constant for a linear function. This rate of change is called the slope.Mar 9, 2011
Answer:
Gets smaller
Step-by-step explanation:
- The standard deviation is the quantification of spread of data. According to descriptive statistics the standard deviation s is given by:
s = Σ ( x - u ) / sqrt ( n )
Where, n : sample size
u : Mean value
- So we see that standard deviation (s) is inversely proportional to square root of sample size (n).
- We can see that as sample size (n) increases the standard deviation (s) decreases.
Answer:
c^8
Step-by-step explanation:
