Question 17 The random variable X represents the number of credit cards that adults have along with the corresponding probabilities. Find the expected value (mean) of X. X 0 1 2 3 4 O 1.00 2.93 O 2.41 O 1.23 File P(X) 0.11 0.12 0.23 0.33 0.21

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.2: Expected Value And Variance Of Continuous Random Variables
Problem 10E
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STATISTICS AND PROBABILITY (UPVOTE WILL BE GIVEN. PLEASE WRITE THE COMPLE SOLUTIONS LEGIBLY. NO LONG EXPLANATION NEEDED.)
Question 17
The random variable X represents the number of credit cards that adults have along with the
corresponding probabilities. Find the expected value (mean) of X.
X
0
1
2
3
4
O 1.00
2.93
O 2.41
O 1.23
File
P(X)
0.11
0.12
0.23
0.33
0.21
Transcribed Image Text:Question 17 The random variable X represents the number of credit cards that adults have along with the corresponding probabilities. Find the expected value (mean) of X. X 0 1 2 3 4 O 1.00 2.93 O 2.41 O 1.23 File P(X) 0.11 0.12 0.23 0.33 0.21
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ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,