Statistics Solutions

(See Steps) Let x denote the amount of time for which a book on 2-hour reserve at a college library is checked out by a student, and suppose that x has

Question: Let \(x\) denote the amount of time for which a book on 2-hour reserve at a college library is checked out by a student, and suppose that \(x\) has density function

\(f(x)=.5 x\) for \(0

  1. What is the mean value of \(x\) ? Why is the mean value not 1, the midpoint of the interval of positive density?
  2. What is the median of this distribution. and how does it compare to the mean value?
  3. What proportion of checkout times are within one-half hour of the mean time? What proportion are within one-half hour of the median time?

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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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