Math Problem Statement
An expensive piece of equipment in a laboratory is starting to show signs of age. Let X be the number of days in any week that the equipment is working and suppose that X has the following probability distribution:
x 0 1 2 3 4 5 P(X=x) 0.01 0.09 0.25 0.34 0.24 0.07 In Quiz 3 we calculated the expected value and standard deviation of X.
The probabilities for X actually come from a Binomial distribution with n = 5 trials. The parameter p for this Binomial distribution is
Solution
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Math Problem Analysis
Mathematical Concepts
Probability Theory
Binomial Distribution
Expected Value
Probability Mass Function
Formulas
Binomial distribution formula: \( P(X = x) = \binom{n}{x} p^x (1-p)^{n-x} \)
Theorems
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Suitable Grade Level
Advanced High School
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