Marketing estimates that a new instrument for the analysis of soil samples will be very successful, moderately successful, or unsuccessful, with probabilities 0.30, 0.56, and 0.14, respectively. The yearly revenue associated with a very successful, moderately successful, or unsuccessful product is $16 million dollars, $8 million dollars, and $1 million dollars, respectively. Let the random variableX denote the yearly revenue of the product in millions of dollars. Evaluate the cumulative distribution function of X at specified values. Round your answers to two decimal places (e.g. 98.76). F(1) = i F(8) = i F(16) = i
Marketing estimates that a new instrument for the analysis of soil samples will be very successful, moderately successful, or unsuccessful, with probabilities 0.30, 0.56, and 0.14, respectively. The yearly revenue associated with a very successful, moderately successful, or unsuccessful product is $16 million dollars, $8 million dollars, and $1 million dollars, respectively. Let the random variableX denote the yearly revenue of the product in millions of dollars. Evaluate the cumulative distribution function of X at specified values. Round your answers to two decimal places (e.g. 98.76). F(1) = i F(8) = i F(16) = i
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.6: Higher-degree Polynomials And Rational Functions
Problem 5E: Population Genetics In the study of population genetics, an important measure of inbreeding is the...
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