STAT_3360_HW4 - HOMEWORK 4 STAT 3360 FALL 2015 DUE BY...

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Introduction to Statistics and Data Analysis
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Chapter 7 / Exercise 7.36
Introduction to Statistics and Data Analysis
Olsen/Peck
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HOMEWORK 4STAT3360FALL 2015 DUE BY SEPTEMBER 29PLEASE,SUBMIT THIS DOCUMENT AND SHOW YOUR FIRST AND LAST NAME BELOW! STAPLE OR PAPERCLIP YOUR WORK,PLEASE!1PLEASE,READ SECTIONS 7.17.3BEFORESOLVING THESE EXERCISES.SECTION [CIRCLE ONE!=>] 001 002 501 FIRST NAMELAST NAMEPROBLEM 1[30POINTS =5+10+15] THE NUMBER (X)OF CARS SOLD BY A RANDOMLY SELECTED DEALERSHIP IN THE METROPLEX AREA DURING ONE DAY HAS A DISTRIBUTION SHOWN BELOW.X=NUMBER OF CARS SOLDPROBABILITY20.1530.3040.2550.2060.101.DETERMINE THE EXPECTED VALUE OF X.E[X]=2.WHAT IS THE VARIANCE OF X?VAR [X]=3.THE COMMISSION IS DEFINED (IN $1,000)AS Y=16+5X.FIND THE EXPECTATIONAND VARIANCEOF Y.E[Y]=VAR [Y]=
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Introduction to Statistics and Data Analysis
The document you are viewing contains questions related to this textbook.
Chapter 7 / Exercise 7.36
Introduction to Statistics and Data Analysis
Olsen/Peck
Expert Verified
HOMEWORK 4STAT3360FALL 2015 DUE BY SEPTEMBER 29PLEASE,SUBMIT THIS DOCUMENT AND SHOW YOUR FIRST AND LAST NAME BELOW! STAPLE OR PAPERCLIP YOUR WORK,PLEASE!2PROBLEM 2[20POINTS =5+5+5+5]TWO RANDOM VARIABLES,XAND Y,ARE INDEPENDENT.THEIR MARGINAL DISTRIBUTIONS ARE SPECIFIED AS FOLLOWS.

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