Answer:
Step-by-step explanation:
Given is a list of prices in dollars for one night at different hotels in a certain region
To find range, variance and std deviation.
Mean 155.75
Standard Error 23.80782434
Median 150
Mode #N/A
Standard Deviation 67.33869616
Sample Variance 4534.5
Kurtosis -1.593759971
Skewness 0.344624422
Range 172
Minimum 86
Maximum 258
Sum 1246
Count 8
Thus we find range = 172 $. This gives an idea about the lowest and highest difference.
Variance = Average of squares of deviations from the mean= 4533.329 $^2gives us an idea about the dispersion of data. This helps to have an idea about the price rise or low in different hotels
Std deviation is square root of variance 67.33 $ shows an idea about the dispersion and also coefficient of variation as a ratio of mean to std deviation.
Answer:
(a)
,
,
,
,
,
,
.
(b)
,
,
,
,
,
,
,
.
Step-by-step explanation:
In this exercise we only need to recall the formula for C(n,k):

where the symbol
is the factorial and means
.
By convention 0!=1. The most important property of the factorial is
, for example 3!=1*2*3=6.
(a) The explanations to the solutions is just the calculations.
.
(b) The explanations to the solutions is just the calculations.
For all the calculations just recall that 4! =24 and 5!=120.
Answer:
N = 15 ; P = 0.3
Step-by-step explanation:
According to the question, the data provided in the question is as follows
The percentage of parolees from prison return to prison = 30%
Number of years = 3 years
Number of prisoners released from a Texas prision is 15
Based on the above information, the value of the parameters for the binomial random variable X is
N = 15 = number of prisoners
And, the P = Percentage = 30% = 0.3