Recent questions tagged statistics

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Define random sampling
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An investor has a 0.60 probability of making a 20000 dollar profit and a 0.40 probability of suffering a 25000 dollar loss. What is the expected value?
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1 1 answer
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You can bring along 2 friends! you have 5 friends who want to come along. How many different groups of friends could you take with you?
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Find the expected value of X from the probability table. X 12 3 P(X) 0.3 0.80.4
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1 1 answer
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2 2 votes
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778 views
3 3 votes
1 answers 1 answer
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511 views
A gambling machine accepts 5 dollars and generates a random dollar value (x) between 1 and 10.What is the distribution of x?What is the expected value of x?Is it smart to...
2 2 votes
1 answers 1 answer
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996 views
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1 answers 1 answer
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As an example:Calculate the possible permutations for a rubik's cube?Why is it not, calculate the possible combinations for a rubik's cube?
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1 1 answer
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913 views
Six devices (A,B,C,D,E, F) are each assigned one of three IP addresses (IP#1, IP#2, IP#3). If threedevices are assigned IP#1, two devices are assigned IP#2, and one devic...