Business, 19.03.2020 07:39, MSSTEALYOGURL3757

Some statistics students estimated that the amount of change daytime statistics students carry is exponentially distributed with amean of $0.72. Suppose that we randomly pick 25 daytime statistics students.

1.In words, define the random variable X.

a. The variable of interest is the amount of change that a daytime statistics student carries.

b. the amount of change that a daytime statistics student carries

c. the total amount of money that a daytime statistics student carries

d. the number of daytime statistics students who carry changethe number of coins that a daytime statistics student carries

2. Give the distribution of X.

Answers: 1

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Some statistics students estimated that the amount of change daytime statistics students carry is ex...