Question

Number of Food Number of Service Probabilit 0.12 0.29 0.42 0.17 laints 0.18 0.38 0.34 0.10 4.83 Refer to the informati on in th e previous exercise Find the mean and standard deviation of the to- tal number of complaints received in a week. Hav- ing reached this point, you are concerned that the numbers of food and service complaints may not be independent of each other. However, you have no information about the nature of their dependence What can you now say about the mean and standard deviation of the total number of complaints received in a week?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Solution:

Let random variable Z is the linear combination of two independent random variables X and Y.

then,

Z=aX+bY

Mean(μz)=aμx+μy

Variance(Vz)=a2σ2x+b2σ2y

X P(x) X*P(x) X2*P(x) Y P(y) Y*P(Y) Y2*P(Y)
0 0.12 0

0

0 0.18 0.0 0
1 0.29 0.29 0.29 1 0.38 0.38 0.38
2 0.42 0.84 1.68 2 0.34 0.68 1.36
3 0.17 0.51 1.53 3 0.10 0.30 0.9
Total 1.0 1.64 3.50 Total 1.0 1.36 2.64

4 : 2-6u 34 1 O 790 89

Calculator 3 2 lainね

Add a comment
Know the answer?
Add Answer to:
Number of Food Number of Service Probabilit 0.12 0.29 0.42 0.17 laints 0.18 0.38 0.34 0.10...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Hi, in the question 83E(statistics for buisness and economics 8th ed) they say that you have...

    Hi, in the question 83E(statistics for buisness and economics 8th ed) they say that you have a concern that its NOT independet? but in they answer they have just made an assumption that it is inindependent. How du you calculate the question if it is dependet but you do not know to what degree? Number of Food Number of Service Probabilit 0.12 0.29 0.42 0.17 laints 0.18 0.38 0.34 0.10 4.83 Refer to the informati on in th e previous...

  • A department store manager has monitored the number of complaints received per week about poor service....

    A department store manager has monitored the number of complaints received per week about poor service. The probabilities for numbers of complaints in a week, established by this review, are shown in the table. Number of complaints 0 1 2 3 4 5 Probability 0.20 0.29 0.26 0.12 0.05 0.08 What is the probability of between 1 and 3 (inclusive) complaints received per week? Please specify your answer in decimal terms and round your answer to the nearest hundredth (e.g.,...

  • PLEASE HELP ON ALL. THEY ALL SOMEWHAT RELATE..... In a recent year, the Better Business Bureau...

    PLEASE HELP ON ALL. THEY ALL SOMEWHAT RELATE..... In a recent year, the Better Business Bureau settled 75% of complaints they received. (Source: USA Today, March 2, 2009) You have been hired by the Bureau to investigate complaints this year involving computer stores. You plan to select a random sample of complaints to estimate the proportion of complaints the Bureau is able to settle. Assume the population proportion of complaints settled for the computer stores is the 0.75, as mentioned...

  • STA2221 examples on CI & Testing of Hypothesis Name MULTIPLE CHOICE. Choose the one alternative that...

    STA2221 examples on CI & Testing of Hypothesis Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answer the question Provide an appropriate response. 1) Find the critical value,te for 0.99 and n-10. A) 3.250 B) 3.169 1.833 D) 2.262 2) Find the critical value to forc=0.95 and n=16. A) 2.947 B) 2.602 2120 D) 2.131 3) Find the value of E, the margin of error, for A) 1.69 B) 0.42 0.99, n=16 and s=2.6. C)...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT