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Book4 (AutoRecovered)
Book4 (AutoRecovered)
X 0 1 2 3
P 0.1 0.2 0.4 0.3
E(X) 1.9
variance 4.5
V(X) 0.89
sd(X) 0.943398
Income includes fixed income of 10 mil a month plus a bonus of 30 mil for a car sold
find the expected income and standaed deviation of the income?
let Y be the total income
Y=10+30*X
Average income is: E(Y)=E(10)+30*E(X)= 10+30*1.9=67 67
variance of income is: V(Y)=V(10)+V(30X)=0+900*V(X)=900*0.89 801
sd(Y) 28.30194
sd(Y) sd(10+30X)=30sd(X) 28.30194
Example: a large product A has the defective rate 1.2.%. Before delivery, the importer checks the quality of the product by tak
See: sample are taken independently, each product taken, there are only one of two outcomes, defect or nondefect, P(defect)
Let X be the number of defect within 100 products
Than X~Bin(1000,0.012)
P(qualified)=P(X<=1)= 0.662193
E(X)=np
n=100 p=0.25
E(X)=25 sd(x) 4.330127
0.921873
p(pass) 0.0781269073486328
5 0.0583992004394531
6 0.0162220001220703
7 0.00308990478515625
8 0.00038623809814453
9 2.8610229492188E-05
10 9.5367431640625E-07
e quality of the product by taking sample of 100 products. His rule is that if the percentage of defect of sample is no more than 1, then the