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Mathematics, 19.06.2020 00:57 starbae7177

Some parts of California are particularly earthquake- prone. Suppose that in one metropolitan area, 25% of all homeowners are insured against earthquake damage. Four homeowners are to be selected at 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 F one who does not. Then one possible outcome is SFSS, with proba bility (.25)(.75)(.25)(.25) and associated X value 3. There are 15 other outcomes.] b. Draw the corresponding probability histogram. c. What is the most likely value for X

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Some parts of California are particularly earthquake- prone. Suppose that in one metropolitan area,...
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