Everyone working at a local diner makes $8/hour. What is the expected salary per hour? What...
- Everyone working at a local diner makes $8/hour.
- What is the expected salary per hour?
- What is the expected salary for a 9-hour shift?
- Suppose X has the following probability distribution.
|
x |
-1 |
0 |
1 |
|
P(X = x) |
.50 |
.35 |
.15 |
- Verify that this is a valid probability distribution.
- Find the mean of X.
- Find the variance of X.
- Based on your answer from part (i), what is the mean of 7X + 6
- Suppose another random variable Y has a mean of -2. What is the mean of 2X + Y?
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Everyone working at a local diner makes $8/hour.
What is the expected salary per hour?
What...
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