1) Some parts of California are particularly earthquake prone. Suppose that in one metropolitan area that 25% of all homeowners are insured against earthquake damage. Four homeowners are to be schooled are random. Let X denote the number among the four who have earthquake insurance. a) Find the probability distribution of X. Hint: Let S denote a homeowner who has insurance, and let F denote a homeowner that does not have health insurance. Then one possible outcome is SFFS. What is the probability of this outcome? What value of X does this outcome correspond to? b) Draw corresponding probability histogram. c) What is the most likely value of X?

1) Some parts of California are particularly earthquake prone. Suppose that in one metropolitan area that 25% of all homeowners are insured against earthquake damage. Four homeowners are to be schooled are random. Let X denote the number among the four who have earthquake insurance. a) Find the probability distribution of X. Hint: Let S denote a homeowner who has insurance, and let F denote a homeowner that does not have health insurance. Then one possible outcome is SFFS. What is the probability of this outcome? What value of X does this outcome correspond to? b) Draw corresponding probability histogram. c) What is the most likely value of X?

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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