STAT 22500 Lecture Notes - Lecture 2: High Tech, Fudge, Probability Mass Function

• School: Purdue University
• Department: Statistics
• Course: STAT 22500
• Professor: E R I C G E R B E R

Document Summary

Stat 225 summer 2016 ---graded homework 2 ------- due before the start of class on monday, june 27, 2016. Online students must turn in via blackboard by 11:59 pm on june 27, 2016. Your instructor will give you further information on the format of the homework. Note: for any question asking you to determine a probability----you must write out a probability statement using proper notation!!!! Probabilities should be decimal form and rounded to 4 decimal places. He has prepared a list of potential companies in which to purchase stock. These include 5 companies in agriculture, 6 companies in manufacturing and 9 companies in the high-tech industry. In a poker game, 5 cards are dealt from a standard 52 card deck that has been well shuffled. Of those customers purchasing regular gas, 70% fill their gas tanks (i. e. buy enough to bring the gas tank to capacity as opposed to buying a lesser amount of gas).