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Let the random variable X be the number of days that a

Probability and Statistical Inference | 9th Edition | ISBN: 9780321923271 | Authors: Robert V. Hogg, Elliot Tanis, Dale Zimmerman ISBN: 9780321923271 41

Solution for problem 3E Chapter 2.2

Probability and Statistical Inference | 9th Edition

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Probability and Statistical Inference | 9th Edition | ISBN: 9780321923271 | Authors: Robert V. Hogg, Elliot Tanis, Dale Zimmerman

Probability and Statistical Inference | 9th Edition

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Problem 3E

Let the random variable X be the number of days that a certain patient needs to be in the hospital. Suppose X has the pmf

If the patient is to receive $200 from an insurance company for each of the first two days in the hospital and $100 for each day after the first two days, what is the expected payment for the hospitalization?

Step-by-Step Solution:

Solution:

Step 1 of 2:

Let X be the number of days that a certain patient needs to be in the hospital. X has the pmf

f(x) =       ,  x= 1,2,3,4.

If the patient will receive $200 from the insurance company  for each of the first two days in the hospital. And $100 for each of the remaining days. We have to find the expected payment of the patient.


Step 2 of 2

Chapter 2.2, Problem 3E is Solved
Textbook: Probability and Statistical Inference
Edition: 9
Author: Robert V. Hogg, Elliot Tanis, Dale Zimmerman
ISBN: 9780321923271

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Let the random variable X be the number of days that a