A Seed Company Has a Test Plot in Which It

question 47

Multiple Choice

A seed company has a test plot in which it is testing the germination of a hybrid seed. They plant 50 rows of 40seeds per row. After a two-week period, the researchers count how many seed per row have sprouted. Theynoted that least number of seeds to germinate was 33 and some rows had all 40 germinate. The germinationdata is given below in the table. The random variable x represents the number of seed in a row thatgerminated and P(x) represents the probability of selecting a row with that number of seed germinating.Determine the mean number of seeds per row that germinated. $$\begin{array} { | c | c | c | c | c | c | c | c | c | } \hline x & 33 & 34 & 35 & 36 & 37 & 38 & 39 & 40 \\\hline P ( x ) & 0.02 & 0.06 & 0.10 & 0.20 & 0.24 & 0.26 & 0.10 & 0.02 \\\hline\end{array}$$

• A) 36.9
• B) 36.5
• C) 36
• D) 0.13

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Definitions:

Discounted Note

A debt instrument that is sold or issued for less than its face value.

Maturity Value

The sum payable to the holder of a financial instrument at the end of its term, encompassing the principal amount plus any accrued interest.

Interest

The cost of borrowing money, typically expressed as a percentage of the principal amount.

Discount Period

The discount period is the timeframe during which a seller offers a buyer a reduction in the amount owed if payment is made within a specified time.