Mathematics, 30.03.2020 16:57 andrwisawesome0
Suppose that in one metropolitan area, 25% of all home- owners are insured against earthquake damage. Four home-owners are to be selected at random; let X denote the number among the four who have earthquake insurance. a. Find the probability distribution of X. [Hint: Let S denote a homeowner who has insurance and F one who does not. Then one possible outcome is SFSS, with probability (.25)(.75)(.25)(.25) and associated X value 3. There are 15 other outcomes.]
Answers: 3
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Suppose that in one metropolitan area, 25% of all home- owners are insured against earthquake damage...
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