A certain small town whose population consists of 100


Question: A certain small town, whose population consists of 100 families, has 30 families with 1 child, 50 families with 2 children, and 20 families with 3 children. The birth rank of one of these children is 1 if the child is the firstborn, 2 if the child is the second born, and 3 if the child is the third born.

(a) A random family is chosen (with equal probabilities), and then a random child within that family is chosen (with equal probabilities). Find the PMF, mean, and variance of the child's birth rank.

(b) A random child is chosen in the town (with equal probabilities). Find the PMF, mean, and variance of the child's birth rank.

Solution Preview :

Prepared by a verified Expert
Management Theories: A certain small town whose population consists of 100
Reference No:- TGS02477805

Now Priced at $20 (50% Discount)

Recommended (93%)

Rated (4.5/5)