User Account

All Pages

Find the cumulative distribution function of x

Assignment Help Finance Basics
Reference no: EM131702898

The number of defects in a machine-made product is a random variable, X, with the following probability distribution:

x P(X = x)

0 0.2

1 0.1

2 0.2

3 0.3

4 0.2

(a) Find the cumulative distribution function of X.

(b) What is the probability P(1 < X ≤ 3)? P(1 ≤ X ≤ 3)?

(c) Calculate the expected value of X and the standard deviation of X.

(d) It costs $3 to fix each defect. What is the expected cost and the standard deviation of cost of fixing a defect in a product?

Reference no: EM131702898

Questions Cloud

Write a report based about applications of embedded system : Write a 3000 words (excluding diagram, chart, table, references and cover letter) report based on research about applications of embedded system in one these ar
What are the null and alternative hypotheses : 1. What are the null and alternative hypotheses? 2. What is the value of the test statistic you will use to check the hypothesis?
Suing the manufacturer of her car because of defect : Mary Decker is suing the manufacturer of her car because of a defect that she believes caused her to have an accident, and kept her out of work for a year.
What is the basis of differentiated appeal : How differentiated are the products or services of your company? What is the basis of their differentiated appeal?
Find the cumulative distribution function of x : The number of defects in a machine-made product is a random variable, X, with the following probability distribution:
Find the eigen values and eigen vectors of the matrix : Find the Eigen values and Eigen vectors of the matrix - Find the directional derivative and Gauss's divergence theorem for the function
Describe five conflict management style : The reading by Shearouse (2011) discusses five conflict management styles. Many companies sell conflict style questionnaires for use in organizations.
Find the mean and standard deviation of the total amount : Find the mean and standard deviation of the total amount the investor earns in one year, assuming the rates of return are independent random variables.
What are the maximum and minimum cycle times : An assembly line with 30 activities is to be balanced. What are the maximum and minimum cycle times? What is the production rate in units per day?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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