« previous next »

Author Question: The following table shows the frequency distribution of the credit scores for a random sample of ... (Read 131 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
on: Jun 24, 2018
The following table shows the frequency distribution of the credit scores for a random sample of homeowners who recently refinanced their mortgage at Delaware Bank.
 
  Credit Score Frequency
  700 to under 720 7
  720 to under 740 14
  740 to under 760 25
  760 to under 780 16
  780 to under 800 8
 
  Calculating the probability that a randomly homeowner has a credit score of 760 to under 780 is using ________ probability.
  A) classical
  B) simple
  C) empirical
  D) subjective

Question 2

When the discrete random variable is expressed in terms of dollars, the mean of the distribution is known as the ___________________ _________.
 
  A) expected value of sample information
  B) expected value of the distribution
  C) average value of the distribution
  D) expected monetary value
Business Statistics ¦ Donnelly ¦ 2nd Edition
Buy Test-Bank


carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Lewis Hine’s 1910 photograph shows a tenement alley in New York City. More famous for his “unsettlin Lewis Hine’s 1910 photograph shows a tenement alley in New York City. More famous for his “unsettlin
Mean scores for Erikson’s stage VI (Intimacy) for two cohorts. Scores for both cohorts increase ... Mean scores for Erikson’s stage VI (Intimacy) for two cohorts. Scores for both cohorts increase ...
Distribution and Forms of Precipitation: Graupel and Hail Distribution and Forms of Precipitation: Graupel and Hail
How long does it take for 90% of a sample of strontium-90 (half-life of 28.8 years) to decay? How long does it take for 90% of a sample of strontium-90 (half-life of 28.8 years) to decay?
Three pathways of complement combined. (a) Figure shows a summary of how each pathway proceeds. (b) ... Three pathways of complement combined. (a) Figure shows a summary of how each pathway proceeds. (b) ...
Random X inactivation in female placental mammals Random X inactivation in female placental mammals
Video: Cortisol (protein catabolism, gluconeogenesis, vasoconstriction & anti-inflammation)

For a complete list of videos, visit our video library