What is the random variable for the given survey

Assignment Help Basic Statistics
Reference no: EM131651681

Question: If the Prudential Insurance Company surveys its customers to determine the number of children under age 22 living in each household,

a. What is the random variable for this survey?

b. Is the random variable discrete or continuous?

Reference no: EM131651681

Questions Cloud

How outcomes are measured for a cost-effectiveness analysis : Discuss how outcomes are measured for a cost-effectiveness analysis, a cost-utility analysis, and a cost-benefit analysis.
Entrepreneurial business plan report : Assessment - Entrepreneurial business plan Report. The assignment and oral presentation will be delivered as a Condensed Business Plan
Compute the expected profit for each of the expansion plans : Fiero Products, LTD, of Bologna, Italy, makes a variety of footwear, including indoor slippers, children's shoes, and flip-flops.
Discuss risk methodologies used in capital budgeting : Discuss risk methodologies used in capital budgeting. What financial figure do you believe was the determinant to your decision and why?
What is the random variable for the given survey : If the Prudential Insurance Company surveys its customers to determine the number of children under age 22 living in each household.
Calculate the number of ivy league graduates : Calculate the expected value and standard deviation of the number of Ivy League graduates who could fill these positions.
Discuss the unselfishness trap by harry browne : Browne claims hat when we behave unselfishly we, more often than not, sacrifice our own happiness. Do you agree, Why or why not
Why was the uniform commercial code developed and by whom : How do judges make contract law? Why was the Uniform Commercial Code developed, and by whom? Who adopts the UCC as governing law?
Discuss the relative frequency assessment method : Produce a frequency distribution for these data. Convert the frequency distribution into a probability distribution using the relative frequency assessment.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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