Author Question: One of the difficulties in using the relative frequency of occurrence method for assessing ... (Read 66 times)

asd123 · **on:** Jun 24, 2018

One of the difficulties in using the relative frequency of occurrence method for assessing probabilities in business situations is getting a large enough set of examples that match the one in question.

Indicate whether the statement is true or false

Question 2

A random variable, x, has a normal distribution with = 13.6 and = 2.90. Determine a value, x0, so that P(x > x0 ) = 0.05.

A) 14.46
B) 15.33
C) 18.37
D) 12.45