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Size of TV households. According to Nielsen’s Television

Statistics for Business and Economics | 12th Edition | ISBN: 9780321826237 | Authors: James T. McClave, P. George Benson, Terry T Sincich ISBN: 9780321826237 51

Solution for problem 20E Chapter 4

Statistics for Business and Economics | 12th Edition

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Statistics for Business and Economics | 12th Edition | ISBN: 9780321826237 | Authors: James T. McClave, P. George Benson, Terry T Sincich

Statistics for Business and Economics | 12th Edition

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Problem 20E

Problem 20E

Size of TV households. According to Nielsen’s Television Audience Report, 2010 & 2011, 26% of all U.S. TV households have a size of 1 person, 32% have a household size of 2, 17% have a household size of 3, and 25% have a household size of 4 or more. Let x represent the size (number of people) in a randomly selected TV household.

a. List the possible values of the discrete random variable x.

b. What is the probability that x = 1?

c. What is the probability that x ≥ 4?

d. Explain why you cannot compute E(x).

Step-by-Step Solution:

Solution:

Step 1 of 5:

According to to Nielsen’s Television Audience Report.

26% of all U.S. TV households have a size of 1 person, 32% of size 2, 17% of size 3 and 25% of size 4 or more.

x = the size in a randomly selected TV household.


Step 2 of 5

Chapter 4, Problem 20E is Solved
Step 3 of 5

Textbook: Statistics for Business and Economics
Edition: 12
Author: James T. McClave, P. George Benson, Terry T Sincich
ISBN: 9780321826237

Statistics for Business and Economics was written by and is associated to the ISBN: 9780321826237. Since the solution to 20E from 4 chapter was answered, more than 1114 students have viewed the full step-by-step answer. This textbook survival guide was created for the textbook: Statistics for Business and Economics , edition: 12. The full step-by-step solution to problem: 20E from chapter: 4 was answered by , our top Business solution expert on 07/21/17, 05:42AM. This full solution covers the following key subjects: size, household, Probability, Households, people. This expansive textbook survival guide covers 15 chapters, and 1631 solutions. The answer to “Size of TV households. According to Nielsen’s Television Audience Report, 2010 & 2011, 26% of all U.S. TV households have a size of 1 person, 32% have a household size of 2, 17% have a household size of 3, and 25% have a household size of 4 or more. Let x represent the size (number of people) in a randomly selected TV household.a. List the possible values of the discrete random variable x.b. What is the probability that x = 1?c. What is the probability that x ? 4?d. Explain why you cannot compute E(x).” is broken down into a number of easy to follow steps, and 95 words.

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Size of TV households. According to Nielsen’s Television