Question

Im confused on differences in binomial probabilties between x=0 x>6 and x<6. If somebody could explain...

Im confused on differences in binomial probabilties between x=0 x>6 and x<6. If somebody could explain how what each answer means in terms of searching for the answer in the table, such as in x<6 you subtract by one and why it would be greatly appreciated. Just to clarify i need somebody to explain what x=6 x>6 and x<6 means in terms of searching for the answer in the chart and why,

Homework Answers

Answer #1

P(X = 0) implies the probability of occurrence of no events.

P(X = 6) implies the probability of occurrence of 6 events.

P(X > 6) implies the probability of occurrence of more than 6 events. We can put it alternatively as P(X 7), which implies occurrence of at least 7 events.

P(X < 6) implies the probability of occurrence of less than 6 events. We can put it alternatively as P(X 5), which implies occurrence of at most 5 events.

Also, we know, P(X > 6) + P(X 6) = 1 i.e. P(X > 6) + P(X = 6) + P(X < 6) = 1 i.e. P(X > 6) = 1 - P(X = 6) - P(X < 6).

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
In this question, I am confused about the difference between correlation and concordance. Can somebody explain...
In this question, I am confused about the difference between correlation and concordance. Can somebody explain this to me? Consider the following scenario, and briefly describe what the correlations say about the relative genetic and environmental influences for the trait in question. You decide to conduct a follow-up study on tattoo and piercing behavior using a slightly different experimental design. This time, you collect data on the number of tattoos and piercings between monozygotic twins who were either raised apart...
x 0 0.05714 1 0.17142 2 0.2 3 0.25714 4 0.11428 5 0.057142 6 0.114285 7...
x 0 0.05714 1 0.17142 2 0.2 3 0.25714 4 0.11428 5 0.057142 6 0.114285 7 0.02857 8 0 9 0 10 0 Using the Data NOTE: RF = relative frequency (6 points) Use the table from the Theoretical Distribution section to calculate the following answers. Round your answers to four decimal places. P(x = 3) = _______________________ P(1 < x < 4) = _______________________ P(x ≥ 8) = _______________________ (6 points) Use the data from the Organize the Data...
Assignment #5 – Name __________________________ For the table below, fill in the missing sections for the...
Assignment #5 – Name __________________________ For the table below, fill in the missing sections for the Mean, Median, Mode, Range, and Standard Deviation (1 point). When you finish, complete the questions that follow (1 point each question). Condition 1 Condition 2 Condition 3 5 1 1 3 1 3 6 1 2 4 2 2 5 2 1 7 2 4 6 7 2 2 9 5 5 9 3 6 9 10 5 10 2 4 10 3 Column...
Question 6 (a) Explain the difference between class limit and class boundaries. [2 marks] (b) Use...
Question 6 (a) Explain the difference between class limit and class boundaries. [2 marks] (b) Use the frequency table, Table 1, overleaf to answer the following questions: Table 1 X f 0-9 3 10-19 14 20-29 11 30-39 5 (i) What is the class width? (ii) What is the sample size? (iii) What is the lower class limit of the first class? (iv) What is the lower class boundary of the first class? (i) What is the class width? (ii)...
Could someone answer all of the question, cus I dont have the remaining 6.   Use the tables...
Could someone answer all of the question, cus I dont have the remaining 6.   Use the tables for the following problem. Polly wants to buy her first home in five years.  She will need $15,000 as a down payment.  Polly just won some money on a gambling boat.  Her savings account, which is compounded quarterly, earns an annual rate of 8%.  How much should Polly set aside now out of her winnings to have enough for her down payment? Table ________________ Row _________________ Column (rate)...
Lab 6: Taxonomy INSTRUCTIONS: ·      On your own and without assistance, complete this Lab 6 Answer Sheetelectronically...
Lab 6: Taxonomy INSTRUCTIONS: ·      On your own and without assistance, complete this Lab 6 Answer Sheetelectronically and submit it via the Assignments Folderby the date listed in the Course Schedule(under Syllabus). ·      To conduct your laboratory exercises, use the Laboratory Manual located under Course Content. Read the introduction and the directions for each exercise/experiment carefully before completing the exercises/experiments and answering the questions. ·      Save your Lab 6 Answer Sheetin the following format:  LastName_Lab6 (e.g., Smith_Lab6). ·     You should submit your document as a...
PHILOSOPHY 6. Lisa has become very cold. She can hardly walk out of bed. Lisa's friend...
PHILOSOPHY 6. Lisa has become very cold. She can hardly walk out of bed. Lisa's friend Jasmin advises her to drink a tea made of birch leaves, which according to Jasmin himself often healed her own colds. To their surprise, Lisa becomes healthy after drinking birch leaves for just three days. She therefore thanks Jasmin and states that the birch tree tea has cured the cold. Does Lisa have a good reason to draw this conclusion? Is her conclusion reasonable?...
Jennifer invests her money in a portfolio that consists of 70% Fidelity Spartan 500 Index Fund...
Jennifer invests her money in a portfolio that consists of 70% Fidelity Spartan 500 Index Fund and 30% Fidelity Diversified International Fund. Suppose that, in the long run, the annual real return X on the 500 Index Fund has mean 10% and standard deviation 15%, the annual real return Y on the Diversified International Fund has mean 9% and standard deviation 19%, and the correlation between X and Y is 0.6. a) The return on Jennifer’s portfolio is R =...
Problem 1: Properties of Options (8 marks) The price of a European put that expires in...
Problem 1: Properties of Options The price of a European put that expires in six months and has a strike price of $100 is $3.59. The underlying stock price is $102, and a dividend of $1.50 is expected in four months. The term structure is flat, with all risk-free interest rates being 8% (cont. comp.). a. What is the price of a European call option on the same stock that expires in six months and has a strike price of...
I'm working in a 6 page research paper and below is the complete list of the...
I'm working in a 6 page research paper and below is the complete list of the paper has to be set up and the required things needed to be included. Can you check to see what is already included on the list and what is missing in my paper. Also, what I need to improve and how? My topic is "The Struggles of Epilepsy". Can you help me with the content (background, empirical research, and hypothesis )? I also need...