Let X Represent the Number of Computers in Australian Households $$\begin{array} { c | c c c c c } x & 1 & 2 & 3 & 4 & 5 \\\hline p ( x ) & .25 & .33 & .17 & .15 & .10\end{array}$$

question 4

Essay

Let X represent the number of computers in Australian households who own computers. The probability distribution of X is as follows: $$\begin{array} { c | c c c c c } x & 1 & 2 & 3 & 4 & 5 \\\hline p ( x ) & .25 & .33 & .17 & .15 & .10\end{array}$$ What is the probability that a randomly selected Australian household will have:
a. more than 2 computers?
b. between 2 and 5 computers, inclusive?
c. fewer than 3 computers?

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Definitions:

Economic

Pertaining to the production, distribution, and use of income, wealth, and commodities.

Unalienable Rights

Unalienable rights are fundamental freedoms that are considered inherent to all human beings, which cannot be surrendered or transferred; they include life, liberty, and the pursuit of happiness.

Laissez-faire Capitalism

An economic system in which transactions between private parties are free from government intervention, including regulations, privileges, tariffs, and subsidies.

Slavery

A system in which people are legally owned by others and forced to work for no pay.