1. At a restaurant a server kept track of their weekly tips and found that they have the following probabilities A. Find the expected value of the weekly tips B. Find the standard deviation of the weekly tips At a restaurant, a server kept track of their weekly tips and found that they have the following probabilities:| $ X = $ Weekly tip (in $) | $200 | $300 | $400 ||----------------------------|------|------|------|| Probability | 0.5 | 0.4 | 0.1 |**Explanation:**This table represents the probability distribution of weekly tips received by a server. It shows the likelihood of receiving different amounts ($200, $300, and $400) in tips over a week.- There is a 50% chance of receiving $200.- There is a 40% chance of receiving $300.- There is a 10% chance of receiving $400.The probabilities sum up to 1, confirming that all possible outcomes are accounted for.

weekly tips (X) $200 $300 $400 P(X)=probability 0.5 0.4 0.1

At a restaurant a server kept track of their weekly tips and found that they have the following probabilities A. Find the expected value of the weekly tips B. Find the standard deviation of the weekly tips

At a restaurant a server kept track of their weekly tips and found that they have the following probabilities A. Find the expected value of the weekly tips B. Find the standard deviation of the weekly tips

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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