A credit card company tracks how long it takes for new account holders to activate their credit cards after receiving them. If X represents the number of weeks it takes a new card owner to activate their credit card after receiving it, the data collected is summarized in the probability distribution below. 6 7 P(X) + * X On average, how many weeks can the credit card company expect it to take for a new card owner to activate their credit card? (Your answer should not be rounded.) weeks
A credit card company tracks how long it takes for new account holders to activate their credit cards after receiving them. If X represents the number of weeks it takes a new card owner to activate their credit card after receiving it, the data collected is summarized in the probability distribution below. 6 7 P(X) + * X On average, how many weeks can the credit card company expect it to take for a new card owner to activate their credit card? (Your answer should not be rounded.) weeks
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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![A credit card company tracks how long it takes for new account holders to activate their credit cards after receiving them. If \( X \) represents the number of weeks it takes a new card owner to activate their credit card after receiving it, the data collected is summarized in the probability distribution below.
| \( X \) | 5 | 6 | 7 | 8 | 9 |
|---------|-----|-----|-----|-----|-----|
| \( P(X) \) | \( \frac{35}{96} \) | \( \frac{1}{4} \) | \( \frac{1}{8} \) | \( \frac{7}{48} \) | \( \frac{11}{96} \) |
On average, how many weeks can the credit card company expect it to take for a new card owner to activate their credit card? (Your answer should not be rounded.)
\[ \text{weeks} \] (input box)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd6f6ac63-5ffd-44ee-bd79-22a86ec00c24%2F7d88c022-d1e7-48bf-afb4-71d017202e6d%2F8yxhdtb_processed.png&w=3840&q=75)
Transcribed Image Text:A credit card company tracks how long it takes for new account holders to activate their credit cards after receiving them. If \( X \) represents the number of weeks it takes a new card owner to activate their credit card after receiving it, the data collected is summarized in the probability distribution below.
| \( X \) | 5 | 6 | 7 | 8 | 9 |
|---------|-----|-----|-----|-----|-----|
| \( P(X) \) | \( \frac{35}{96} \) | \( \frac{1}{4} \) | \( \frac{1}{8} \) | \( \frac{7}{48} \) | \( \frac{11}{96} \) |
On average, how many weeks can the credit card company expect it to take for a new card owner to activate their credit card? (Your answer should not be rounded.)
\[ \text{weeks} \] (input box)
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