Solution Found!
construct a probability distribution for the data and draw
Chapter 5, Problem 20E(choose chapter or problem)
QUESTION:
Investment Return The probabilities of a return on an investment of \(\$ 5000, \$ 7000 \text {, and } \$ 9000\) are \(\frac{1}{2}, \frac{3}{8}, \text { and } \frac{1}{8}\) respectively.
Equation Transcription:
Text Transcription:
$5000, $7000, and $9000
1 over 2,3 over 8, and 1 over 8
Questions & Answers
QUESTION:
Investment Return The probabilities of a return on an investment of \(\$ 5000, \$ 7000 \text {, and } \$ 9000\) are \(\frac{1}{2}, \frac{3}{8}, \text { and } \frac{1}{8}\) respectively.
Equation Transcription:
Text Transcription:
$5000, $7000, and $9000
1 over 2,3 over 8, and 1 over 8
ANSWER: