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

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
Problem 41CT: On a game show, a contestant is given the digits 3, 4, and 5 to arrange in the proper order to form...
icon
Related questions
Question
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
8
P(X) 06
7
48
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.)
weeks
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. 6 7 8 P(X) 06 7 48 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.) weeks
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax