Question 17 The random variable X represents the number of credit cards that adults have along with the corresponding probabilities. Find the expected value (mean) of X. X 0 1 2 3 4 O 1.00 2.93 O 2.41 O 1.23 File P(X) 0.11 0.12 0.23 0.33 0.21

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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STATISTICS AND PROBABILITY (UPVOTE WILL BE GIVEN. PLEASE WRITE THE COMPLE SOLUTIONS LEGIBLY. NO LONG EXPLANATION NEEDED.)
Question 17
The random variable X represents the number of credit cards that adults have along with the
corresponding probabilities. Find the expected value (mean) of X.
X
0
1
2
3
4
O 1.00
2.93
O 2.41
O 1.23
File
P(X)
0.11
0.12
0.23
0.33
0.21
Transcribed Image Text:Question 17 The random variable X represents the number of credit cards that adults have along with the corresponding probabilities. Find the expected value (mean) of X. X 0 1 2 3 4 O 1.00 2.93 O 2.41 O 1.23 File P(X) 0.11 0.12 0.23 0.33 0.21
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