Assume the probabilites for the gasonline shortage, stable supply and surplus are .5,.3, and .2, then compute the expected opportunity LOSS of choosing the motel.  Assume the probabilites for the gasonline shortage, stable supply and surplus are .5,.3, and .2, then compute the expected opportunity LOSS of choosing the resturant.  Assume the probabilites for the gasonline shortage, stable supply and surplus are .5,.3, and .2, then compute the expected opportunity LOSS of choosing the theater.

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A: n=5π=0.3A random variable x~Binomial(n=5,π=0.3)P(X=x)=(nx)∗(p)x∗(1−p)n−x;x=0,1,...,n

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A: Given that xiyi1212121714151418162420312440Distribution: PoissonLink: Logarithmic

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A: The fair coin is tossed 4 timesNumber of elements in Sample space would be 24 =16

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A: The joint cdf of X and Y is

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A:

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A:

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A: Let X be the amount of time. X1232711207097451557330709040168698615653610768521268666

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A: X102030-10.10.20.05Y00.050.10.210.200.1

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Q: 1. A machine can be in one of four states: 'running smoothly' (state 1), 'running but needs…

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