Let X denote the amount of time a book on two-hour reserve is actually checked out, and suppose the cdf is the following. X < 0 F(x) = OSx < 5 25 1. 5 S X Use the cdf to obtain the following. (If necessary, round your answer to four decimal places.) (a) Calculate P(X s 2). (b) Calculate P(1.5 SXS 2). (c) Calculate P(X > 2.5). (d) What is the median checkout duration ? [solve 0.5 = F(A)]. (e) Obtain the density function f(x). f(x) = F'(x) Osx < 5 otherwise (f) Calculate E(X). (g) Calculate V(X) and o, V(X) (h) If the borrower is charged an amount h(X) = x² when checkout duration is X, compute the expected charge E[h(X)].

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 51E
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Can you answer D through H

Let X denote the amount of time a book on two-hour reserve is actually checked out, and suppose the cdf is the following.
X < 0
F(x) =
OSx < 5
25
1.
Use the cdf to obtain the following. (If necessary, round your answer to four decimal places.)
(a) Calculate P(X s 2).
(b) Calculate P(1.5 SXS 2).
(c) Calculate P(X > 2.5).
(d) What is the median checkout duration p? [solve 0.5 = F(M)].
(e) Obtain the density function f(x).
f(x) = F'(x)
O sx < 5
otherwise
(f) Calculate E(X).
(g) Calculate V(X) and o,
V(X)
(h) If the borrower is charged an amount h(X) = x2 when checkout duration is X, compute the expected charge E[h(X)].
Transcribed Image Text:Let X denote the amount of time a book on two-hour reserve is actually checked out, and suppose the cdf is the following. X < 0 F(x) = OSx < 5 25 1. Use the cdf to obtain the following. (If necessary, round your answer to four decimal places.) (a) Calculate P(X s 2). (b) Calculate P(1.5 SXS 2). (c) Calculate P(X > 2.5). (d) What is the median checkout duration p? [solve 0.5 = F(M)]. (e) Obtain the density function f(x). f(x) = F'(x) O sx < 5 otherwise (f) Calculate E(X). (g) Calculate V(X) and o, V(X) (h) If the borrower is charged an amount h(X) = x2 when checkout duration is X, compute the expected charge E[h(X)].
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