Number of Motorcycles
the Probability Distribution of a Discrete Random

question 189

Essay

Number of Motorcycles
The probability distribution of a discrete random variable X is shown below,where X represents the number of motorcycles owned by a family.
$$\begin{array} { | c | c c c c | } \hline \boldsymbol { x } &0 & 1 & 2 & 3 \\\hline \boldsymbol { p } ( \boldsymbol { x } ) & 0.25 & 0.40 & 0.20 & 0.15 \\\hline\end{array}$$
-{Number of Motorcycles Narrative} Find the following probabilities:
a.
P(X > 1)
b.
P(X $\le$ 2)
c.
P(1 $\le$ X $\le$ 2)
d.
P(0 < X < 1)
e.
P(1 $\le$ X < 3)

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Definitions:

Bank Service Charges

Fees charged by banks for various account and transaction services provided to customers.

Bank Reconciliation

The process of matching and comparing figures from accounting records against those shown on a bank statement to ensure accuracy and consistency.

Journal Entries

The record of all financial transactions in the double-entry bookkeeping system of a company, each entry consisting of a debit and credit.

Credit Memos

Documents issued by a seller to a buyer, reducing the amount that the buyer owes to the seller under previous agreements.