a) Total sum of Probability P(x)= 1
P(x)= P(x1)+P(x2)+P(x3)+P(x4)+P(x5)+P(x6)+P(x7)
1=P(x1)+0.2+0.2+0.25+0.05+0.1+0.15
P(x1)=0.05
xP(x)= x*P(x)
b) The probability that a student studies with this teacher for three years: 0.2
c)The probability that a student studies with this teacher less than three years: P(x<3)= P(1)+P(2)= 0.05+0.2=0.25
d)The sum of the entries in the P(x) column: 1
e)
Problem 4 A bailet instructor is interested in knowing what percent of each year's class will...
The probability distribution function for the number of years it takes to complete a B.S. degree in Finance is given in the following table. Letx the number years required to complete the B.S. degree, and P(x)- the probability that student completes the degree in x years. P(x) x P(x) 0.05 0.15 4 0.1 0.1 fi 0.15 0.3 a. (396) Complete the table using the data provided. b. (396) The probability that a student completes the degree in five years- C....
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