Step 7 (d) Compute u, the expected value of the number of fish caught per fisherman in a 6-hour period. Recall that the expected value is calculated using the formula u = 5xP(x), where x is the value of a random variable, P(x) is the probability of that variable, and the sum Σ is taken for all values of the random variable. First determine xP(x), the product of x and P(x), for each value of x (let x = 4 for the value of "4 or more"). 2 3 4 or more P(x) 0.46 0.01 0.33 1(0.33) 0.17 0.03 0(0.46) = 0 ХР(x)

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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Step 7
(d) Compute u, the expected value of the number of fish caught per fisherman in a 6-hour period.
Recall that the expected value is calculated using the formula u = xP(x), where x is the value of a random
variable, P(x) is the probability of that variable, and the sum
is taken for all values of the random
variable.
First determine xP(x), the product of x and P(x), for each value of x (let x =
4 for the value of "4 or more").
1
3
4 or more
P(x)
0.46
0.33
0.17
0.03
0.01
1(0.33)
0(0.46)
ХP(x)
= 0
Submit Skip (you cannot come back).
Need Help?
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Transcribed Image Text:Step 7 (d) Compute u, the expected value of the number of fish caught per fisherman in a 6-hour period. Recall that the expected value is calculated using the formula u = xP(x), where x is the value of a random variable, P(x) is the probability of that variable, and the sum is taken for all values of the random variable. First determine xP(x), the product of x and P(x), for each value of x (let x = 4 for the value of "4 or more"). 1 3 4 or more P(x) 0.46 0.33 0.17 0.03 0.01 1(0.33) 0(0.46) ХP(x) = 0 Submit Skip (you cannot come back). Need Help? Read It Viewing Saved Work Revert to Last Response Submit Answer Submit Assignment Save Assignment Progress
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