Consider a university having 15,000 students and let X equal the number of courses for which a randomly selected student is registered. The pdf of X is given to you as follows: 1 3 4 6. 7 p(x) .01 .03 .13 .25 .39 .17 .02 Earlier, we calculated that E(X) was 4.57. If students pay $500 per course plus a $100 per-semester registration fee, what is the average amount of money the university can expect to make from a student each a semester?

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Consider a university having 15,000 students and let X
equal the number of courses for which a randomly selected
student is registered.
The pdf of X is given to you as follows:
1
3
4
6.
p(x)
.01
.03
.13
.25
.39
.17
.02
Earlier, we calculated that E(X) was 4.57. If students pay
$500 per course plus a $100 per-semester registration fee,
what is the average amount of money the university can
expect to make from a student each a semester?
13
4,116
78
12
CC
280
Transcribed Image Text:Consider a university having 15,000 students and let X equal the number of courses for which a randomly selected student is registered. The pdf of X is given to you as follows: 1 3 4 6. p(x) .01 .03 .13 .25 .39 .17 .02 Earlier, we calculated that E(X) was 4.57. If students pay $500 per course plus a $100 per-semester registration fee, what is the average amount of money the university can expect to make from a student each a semester? 13 4,116 78 12 CC 280
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