48. In a certain school, the probabilities of the number of students who are reported tardy are shown in the following table: Number tardy: 0. 1 3. 4 Probability: 0.15 0.25 0.31 0.21 0.08 What is the expected number of tardies (rounded to two decimal places)?

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**Educational Material on Probability**

**Problem 48: School Tardiness Probability**

In a certain school, the following table displays the probabilities regarding the number of students who are reported tardy:

| Number Tardy | Probability |
|--------------|-------------|
| 0            | 0.15        |
| 1            | 0.25        |
| 2            | 0.31        |
| 3            | 0.21        |
| 4            | 0.08        |

**Question**: What is the expected number of tardies (rounded to two decimal places)?

To calculate the expected number of tardies, use the formula for expected value:
\[ E(X) = \sum [x \cdot P(x)] \]

Where \( x \) is the number of tardies and \( P(x) \) is the probability of \( x \).

**Problem 49: Reader's Digest Sweepstakes Expectation Calculation**

**Question**: Calculate the expectation (to the nearest cent) for the Reader's Digest sweepstakes described. Assume there are 197,000,000 entries.

The problem involves understanding probability and calculating expectations based on given conditions.

**Note**: Ensure to carefully apply probability and mathematical operations to solve and interpret results accurately.
Transcribed Image Text:**Educational Material on Probability** **Problem 48: School Tardiness Probability** In a certain school, the following table displays the probabilities regarding the number of students who are reported tardy: | Number Tardy | Probability | |--------------|-------------| | 0 | 0.15 | | 1 | 0.25 | | 2 | 0.31 | | 3 | 0.21 | | 4 | 0.08 | **Question**: What is the expected number of tardies (rounded to two decimal places)? To calculate the expected number of tardies, use the formula for expected value: \[ E(X) = \sum [x \cdot P(x)] \] Where \( x \) is the number of tardies and \( P(x) \) is the probability of \( x \). **Problem 49: Reader's Digest Sweepstakes Expectation Calculation** **Question**: Calculate the expectation (to the nearest cent) for the Reader's Digest sweepstakes described. Assume there are 197,000,000 entries. The problem involves understanding probability and calculating expectations based on given conditions. **Note**: Ensure to carefully apply probability and mathematical operations to solve and interpret results accurately.
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