Provide an appropriate response.Determine whether the distri…

Provide an appropriate response.Determine whether the distribution represents a probability distribution. If not, identify any requirements that are not satisfied.  Completely explain your answer.  Answers without explanation will not receive full credit. x P(X = x) 3 0.5 6 -0.3 9 0.1 12 0.3 15 0.4

Provide an appropriate response.A group of students were ask…

Provide an appropriate response.A group of students were asked if they carry a credit card. The responses are listed in the table.If a student is selected at random, find the probability that he or she is a freshman given that the student owns a credit card. Round your answers to three decimal places.

Provide an appropriate response.Determine whether the distri…

Provide an appropriate response.Determine whether the distribution represents a probability distribution. If not, identify any requirements that are not satisfied.  Completely explain your answer.  Answers without explanation will not receive full credit. x P(X = x) 3 0.5 6 -0.3 9 0.1 12 0.3 15 0.4

Use the table below to answer parts a & b. Plan A P…

Use the table below to answer parts a & b. Plan A Payout Pr(Payout) $-20 0.48 $-10 0.40 $   5 0.12   1. In the long run, what is the expected payout for Plan A? Show all work.     2. What is the standard deviation of this distribution?  Show all work   Type your answer below.  Show all work on your answer sheet.  Correct answers without work shown will not receive full credit.