E(X) = 0(0.7) + 1(0.2) + 2(0.1) = 0.2 + 0.2 = 0.4
The expected daily loss due to blackouts = 0.4 * $500 = $200
Var(X) = 0(0.7 - 0.4)^2 + 1(0.2 - 0.4)^2 + 2(0.1 - 0.4)^2 = 0.04 + 0.18 = 0.22
The expected daily variance due to blackouts = 0.22 * $500 = $110
I hope you're looking for the customer's per day because if you are the answer is 12.
Answer :
Yes, the experiment is a binomial experiment because it satisfies all the four characteristics of the binomial experiment :
1. Fixed number of trials
2. Exactly two outcomes
3. Outcomes are independent of each other
4. Probability of all the outcomes remains constant from trial to trial.
Success in the given experiment is that the baby recovers fully.
Hospital is caring for 6 babies , n = 6
p = 0.20 ( Success )
q = 1 - 0.20 = 0.80 ( Not a success )
Value of random variable x is the number of babies which are recovering fully, x = 0, 1, 2, 3, 4, 5 or 6
Answer:
Yes
Step-by-step explanation:
Given that Machine M, working alone at its constant rate, produces x widgets every 4 minutes. Machine N, working alone at its constant rate, produces y widgets every 5 minutes.
When both machines work for 20 minutes
Machine A would produce = 
widget and
Machine B would produce = 
widgets
So we can say that Machine A would produce more widgets than Machine N at that time.
Answer is Yes
Answer:
B. Age of student
D. Time taken to run 1 mile
Step-by-step explanation:
From the list of given options, only B and D satisfy the required condition.
One unique determinant of continuous data is that; they are measured and not counted.
Now, let's categorize option A to D into two
1. Counted data
2. Measured data
Options that fall into the category of measured data are said to be continuous data.
A. Concert attendance; The number of people in a concert is counted
B. The age of a student is measured (in years)
C. Number of pens in a box is counted
D. Time taken to run 1 mile is measured (in units like seconds, minutes, hours, etc...)
In summary; we have
Counted
A. Concert Attendance
C. Number of pens in a box
Measured
B. Age of a student
D. Time taken to run 1 mile
Hence, the continuous data are Age of a student and Time taken to run 1 mile
