As the training manager, you are preparing to interview several consultants who may provide training services
June 25, 2020
Which were the main causes of the Great Depression
June 25, 2020

Economic

3. A random variable Z, which is the number of Computer Labs in EconS 311 skipped during the semester, has the following distribution: Z f(Z) 0 5k 1 2k 2 2k 3 k

(a) What does the constant k have to be equal to for this to be a distribution function? Why? (b) Find the Prob(Z=0); Prob(Z=3); and Prob(0 < Z <3). (c)

Calculate the expected value of Z. (d) Calculate the variance and standard deviation of Z?