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Author Question: Calculate the probability associated with each category and the expected frequencies. What will ... (Read 71 times)

Kthamas

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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


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orangecrush

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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


Kthamas

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

gcook

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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