SOLUTION: 3) Fidelity records the number of X-Trails sold each day. This data is used in calculating the following probability distribution of daily sales:
x P(x)
0 0.1
1 0.1
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-> SOLUTION: 3) Fidelity records the number of X-Trails sold each day. This data is used in calculating the following probability distribution of daily sales:
x P(x)
0 0.1
1 0.1
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Question 1164019: 3) Fidelity records the number of X-Trails sold each day. This data is used in calculating the following probability distribution of daily sales:
x P(x)
0 0.1
1 0.1
2 0.2
3 0.2
4 0.3
5 0.1
a. Find the probability that the number sold tomorrow will be between 2 and four (inclusive)
b. Find the probability that the number sold tomorrow will be between 2 (inclusive) and four.
Please help me solve this question
To get these answers, we add up the P(x) values. However, we only add up specific ones based on the restrictions mentioned.
Part A says "between 2 and four (inclusive)", which I interpret to mean . So x can't equal 2, but it can equal 4. This is the same as saying only when x is an integer. We'll be adding the P(x) values when x = 3 and x = 4, so we get 0.2+0.3 = 0.5
Part B says "between 2 (inclusive) and four", so we have now which is the same as only when x is an integer. We'll be adding the P(x) values when x = 2 and x = 3 to get 0.2+0.2 = 0.4