(a) Determine the mean number of credit cards based on the raw data. The mean is 3.07 credit cards. (Type an integer or a decimal. Do not round) (b) Determine the standard deviation number of credit cards based on the raw data. The standard deviation is 1.849 credit cards (Round to three decimal places as needed) (c) Determine a probability distribution for the random variable, X, the number of credit cards issued to an individual.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Credit Card Survey Results
Transcribed Image Text:Print Done 3246NON 223 22~23~N~GN 233333NVEN 2211AAN www. 3822-35133 NAAN N N NOWG 9331 w w wASU 2332 V W NW N W 3214 NAN232 6211 - NWNAN Credit Card Survey Results
One question from a survey was "How many credit cards do you currently have?" The results of the survey are provided. Complete parts (a) through (g) below
Click the icon to view the survey results.
(a) Determine the mean number of credit cards based on the raw data.
The mean is 3.07 credit cards.
(Type an integer or a decimal. Do not round.)
(b) Determine the standard deviation number of credit cards based on the raw data
The standard deviation is 1.849 credit cards.
(Round to three decimal places as needed.)
(c) Determine a probability distribution for the random variable, X, the number of credit cards issued to an individual.
x (# of cards) P(x) x (# of cards) P(x)
1
2
3
4
5
10
(Type integers or decimals. Do not round.)
6826
7
9
Transcribed Image Text:One question from a survey was "How many credit cards do you currently have?" The results of the survey are provided. Complete parts (a) through (g) below Click the icon to view the survey results. (a) Determine the mean number of credit cards based on the raw data. The mean is 3.07 credit cards. (Type an integer or a decimal. Do not round.) (b) Determine the standard deviation number of credit cards based on the raw data The standard deviation is 1.849 credit cards. (Round to three decimal places as needed.) (c) Determine a probability distribution for the random variable, X, the number of credit cards issued to an individual. x (# of cards) P(x) x (# of cards) P(x) 1 2 3 4 5 10 (Type integers or decimals. Do not round.) 6826 7 9
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