The number of students taking the Scholastic Aptitude Test (SAT) has risen to an all-time high of more than 1.5 million (College Board, August 26, 2008).  Students are allowed to repeat the test in hopes of improving the score that is sent to college and university admission offices.  The number of times the SAT was taken and the number of students are as follows.     Number of Times Number of Students         1 721,769         2 601,325         3 166,736         4 22,299         5 6,730             What is the expected value of the number of times the SAT is taken? What is your interpretation of the expected value?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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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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The number of students taking the Scholastic Aptitude Test (SAT) has risen to an all-time high of more than
1.5 million (College Board, August 26, 2008).  Students are allowed to repeat the test in hopes of improving the score that is sent to college and university admission offices.  The number of times the SAT was taken and the number of students are as follows.
    Number of Times Number of Students    
    1 721,769    
    2 601,325    
    3 166,736    
    4 22,299    
    5 6,730    
 
 
 
  What is the expected value of the number of times the SAT is taken? What is your interpretation of the expected value?
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