Consider the following discrete probability mass function. X 0 P(X= x) 3 0.25 1 0.30 Find P(1 < X < 3). Round to two decimal places. -1 0.45
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- Prob-2 The diameter of metal cylinder has a probability density function of f(x)=1.5-6(x-50.0)² [mm] 500 metal cylinders delivered to engine assembely plant... How many cylinders' diameters, D< 50.0 mm ? Sol:P(1.15 < Z < 2.77) =The equation below estimates the effect of race on the probability of mortgage denial, holding constant the payment-to-income ratio. Pr (deny=1|P/I ratio, black) =(-2.29+2.78P/I ratio +0.71 black) (0.16) (0.46) (0.087) A black mortgage applicant has a P/l ratio of 0.38. What is the predicted probability that his application will be denied? The predicted probability that his application will be denied is%. (Express your response as a percentage and round to two decimal places)
- The graph attached is the uniform probability density function for a friend who is x minutes late. Find the probability that the friend is between 5 and 30 minutes late.The equation below estimates the effect of race on the probability of mortgage denial, holding constant the payment-to-income ratio. Pr(deny = 1|P/I ratio, black) = 0(-2.21 + 2.73P/I ratio + 0,75black) %3! (0.16) (0.45) (0.085) A black mortgage applicant has a PA ratio of 0.39. What is the predicted probability that his application will be denied? The predicted probability that his application will be denied is 34.64 %. (Express your response as a percentage and round to two decimal places) o Suppose that the applicant reduced this ratio to 0.31. What effect would this have on his predicted probability of being denied a mortgage? The predicted probability of being denied a mortgage would decrease by 7.67 percentage points. (Round your response to two decimal places) ck A white mortgage applicant has a P/I ratio of 0.36. What is the predicted probability that his application will be denied? on The predicted probability that his application wil be denied is%. ory (Express your response…
