Count of programs with the number of commercials

Assignment Help Business Economics
Reference no: EM132152090

Edith Educationer has a real problem with children's television programs.  She believes there are too many commercials in them.  To study this, she collects a sample of 500 children's programs (n = 500) and counts how many commercials are on during the program. The frequency count of programs with the number of commercials is found below: 

Commercials, X

8

9

10

11

12

Frequency

50

75

150

125

100

P(X)

Complete the table to produce the general discrete probability distribution (3 points).  Use this probability distribution to answer questions a - h.  

a. How many commercials, X, is the most likely outcome to occur?  

b. Find the average number and standard deviation of commercials a child will expect to see in a program.

c. What is the probability that a child will see 10 or more commercials when watching a program?  P(X ≥ 10)

d.  What is the probability that a child will watch 4 commercials?  P(X <4)

e. What is the probability that a child will watch exactly 12 commercials?  P(X =12)

f. What is the probability that a child will watch exactly 7 commercials?  P(X =7)

g. What is the expected number of commercials in a program? 

 h. Graph the probability Distribution

Reference no: EM132152090

Questions Cloud

Write two a few words to describe the physical meanings : Write two a few words to describe the physical meanings of Z and z, and then prove that Z*z = f*f given 1/o + 1/i = 1/f.
Have you created things to share freely with the online : Web 2.0 has created numerous channels for people to offer their own work for free-open source software, free music, books, and artwork.
Why do we no longer follow the given commands : The Bible contains many passages that seem immoral to follow. For example, Exodus 21:20-21, Leviticus 25:44-46, Ephesians 6-5 and Titus 2:9-10 all endorse slave
How do you think the proliferation of technology : How do you think the proliferation of technology and the Internet affects our responsibilities to be good stewards of our talents?
Count of programs with the number of commercials : The frequency count of programs with the number of commercials is found below:
Who can fund the invention : What do you think would be the best technology invention in 2017? It could be exisiting products such as smartphones or laptops.
Describe a place that has had an impact on you : Describe a place that has had an impact on you as an individual. Choose a deliberate organizational pattern, and use imagery and concrete details to convey.
What strategies and techniques would you use : What strategies and techniques would you use for this task, and how would it be different from the social medis account?
What is the efficiency rating : The expected value with no survey is $62,000 and the EVPI is $4,000. What is the efficiency rating?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd