« previous next »

Author Question: The following table shows the frequency distribution of the credit scores for a random sample of ... (Read 141 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?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Frank Lloyd Wright, Table lamp, executed for the Linden Glass Co. for the Susan Lawrence Dana ... Frank Lloyd Wright, Table lamp, executed for the Linden Glass Co. for the Susan Lawrence Dana ...
Mobilize the rib cage. Redrape to cover the chest, and stand to one side of the table. Place your ... Mobilize the rib cage. Redrape to cover the chest, and stand to one side of the table. Place your ...
How to create a table of values from an equation and graph How to create a table of values from an equation and graph
Adding different Angular frequency w(t)? Adding different Angular frequency w(t)?
Letter Frequency Table Letter Frequency Table
The forked-line method for determining gamete genotype frequency The forked-line method for determining gamete genotype frequency
Video: Conjunctivitis

For a complete list of videos, visit our video library