Author Question: Calculate the probability associated with each category and the expected frequencies. What will ... (Read 32 times)

Kthamas · **on:** Jun 24, 2018

Calculate the probability associated with each category and the expected frequencies.

What will be an ideal response?

Question 2

Estimate the mean monthly expenditures.

A) 78.26
B) 73.74
C) 59.82
D) 64.67

orangecrush · **Reply #1 on:** Jun 24, 2018

Answer to Question 1

Number of Returns Per Day Pi Expected Frequency
0 0.1496 22.44
1 0.2842 42.63
2 0.2700 40.50
3 0.1710 25.65
4 0.0812 12.18
> 4 0.0440 6.60

Answer to Question 2

D