Mathematics, 09.11.2020 17:00 7rnmartinez
Some parts of California are particularl earthquake prone. Suppose in one metropolitan area, 40% of all homeowners are insured against earthquake damage. Four homeowners are selected at random. Let X denote the number among the four who have earthquake insurance. Assume that the event of each homeowner having or not having insurance is independent.
Required:
a. Find the probability mass function of X?
b. What is the most likely value for X?
c. What is the probability that at least two of the four selected have earthquake insurance?
Answers: 3
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