14. Find the expected value of a random variable having the following probability distribution: -2 1 3 0 0.23 0.28 0.19 0.12 a. 2.033 b. 0.904 c. -0.360 d. 0.408 e. 1.773 X P(X=x) -4 0.15 5 0.03

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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14. Find the expected value of a random variable having the following probability distribution:
1
3
5
0.19 0.12 0.03
a. 2.033
b. 0.904
c. -0.360
d. 0.408
e. 1.773
x
P(X=x)
-4
0.15
-2
0.23
0
0.28
Transcribed Image Text:14. Find the expected value of a random variable having the following probability distribution: 1 3 5 0.19 0.12 0.03 a. 2.033 b. 0.904 c. -0.360 d. 0.408 e. 1.773 x P(X=x) -4 0.15 -2 0.23 0 0.28
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