A distribution that has been used to model tolerance levels in bioassays is the logistic distribution with parameters ? and ?. The cumulative distribution function of the logistic distribution is





The parameter ? may be any real number; the parameter ? may be any positive number. Let X be a random variable with this distribution.

a. Find the probability density function .

b. Show that is symmetric around ?, that is, for all x.

c. Explain why the symmetry described in part (b) shows that = ?. You may assume that exists.




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Answer the following statement true (T) or false (F)

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South African Gold Mines, Inc. is writing off its $210 million investment using the cost depletion method. An estimated 700,000 ounces of gold are available in its developed mines. This year 35,000 ounces were produced at an average price of $400 per ounce. The depletion for the year is closest to: (choose one)

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What will be an ideal response?

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