What will be the approximate value of the mean

Reference no: EM131423226

Repeat the experiment many times and take the mean. Here is a probability distribution for a random variable X:

Value of X	-1	2
Probability	0.3	0.7

A single experiment generates a random value from this distribution. If the experiment is repeated many times, what will be the approximate value of the mean of these random variables? Give a reason for your answer.

Reference no: EM131423226

Questions Cloud

What are the health risks of overweight and obesity : Obesity in America is considered an epidemic. There are many contributing factors to obesity (both childhood and adult), such as biological, environmental, social, or economic factors. Review the information on obesity on pages 419 to 421 in the t..

Evaluating vision and mission statements at harley davidson : Review the case study entitled "Evaluating Vision and Mission Statements at Harley Davidson." Alternatively, you may choose an organization of your choice; however, be sure to include a copy of the vision and mission statement in your submission. ..

Discuss occasion when you may have been treated unfairly : Discuss an occasion when you may have been treated unfairly because of stereotypical thinking. What stereotypes were applied to you? How did they result in your being treated unfairly?

Consumer options worksheet : You must identify and describe at least 3 consumer options within the health care Internet market. These options should be tools and resources patients can use to manage their health.

What will be the approximate value of the mean : A single experiment generates a random value from this distribution. If the experiment is repeated many times, what will be the approximate value of the mean of these random variables? Give a reason for your answer.

Maintain its quality levels on nationwide basis : David Ungar holds a Dunkin’ Donuts franchise. The terms of his franchise agreement require him to use only those ingredients furnished by Dunkin’ Donuts. He is also required to buy its napkins, cups, and so on, with the Dunkin’ Donuts trademark on th..

Define warrantless arrest : Define warrantless arrest. Define the four corners rule as it relates to the validity of a search warrant. Define probable cause

Creating winning it strategies-dave aron : After watching the "Creating Winning IT Strategies - Dave Aron (Gartner Group)" video in the Readings and Resource folder, find an example of a company, which has been in the news sometime in the last two months, that is using information technolo..

What will be the approximate proportion of times : If the experiment is repeated many times, what will be the approximate proportion of times that the value is -1? Give a reason for your answer.

User Account

All Pages