Let the Random Variable X Represent the Number of Cars

question 38

Short Answer

Let the random variable x represent the number of cars owned by a family. Assume that x can take on five values: 0, 1, 2, 3, 4. A partial probability distribution is shown below:

a. Find the probability that a family owns three cars.
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b. Find the probability that a family owns between 1 and 3 cars, inclusive.
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c. Find the probability that a family owns no more than one car.
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d. What is the probability that a family owns more than two cars?
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e. What is the probability that a family owns at most 3 cars?
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Definitions:

Target Market

A specific group of potential customers identified by a business as the recipients of their marketing efforts, who are most likely to buy their products or services.

Marketing Program

A comprehensive plan that integrates various marketing strategies to promote products or services effectively.

Solutions

Answers or means of effectively dealing with a problem or difficulty.

Transportation Business

A company that specializes in moving goods or individuals from one location to another.