Chapter 4: Q.21 (page 284)
Identify the mistake in the probability distribution table.
Short Answer
Sum of column
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Chapter 4: Q.21 (page 284)
Identify the mistake in the probability distribution table.
Sum of column
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Find the standard deviation.

Use the following information to answer the next six exercises: On average, a clothing store gets customers per day.
Assume the event occurs independently in any given day. Define the random variable .
We know that for a probability distribution function to be discrete, it must have two characteristics. One is that the sum of the probabilities is one. What is the other characteristic?
Use the following information to answer the next five exercises: Javier volunteers in community events each month. He does not do more than five events in a month. He attends exactly five events of the time, four events of the time, three events of the time, two events of the time, one event of the time, and no events 5% of the time.
Find the expected value from the expected value table.

The chance of an IRS audit for a tax return with over $25,000 in income is about 2% per year. We are interested in the expected number of audits a person with that income has in a 20-year period. Assume each year is independent.
a. In words, define the random variable X.
b. List the values that X may take on.
c. Give the distribution of X. X ~ _____(_____,_____)
d. How many audits are expected in a 20-year period?
e. Find the probability that a person is not audited at all.
f. Find the probability that a person is audited more than twice
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