The following table lists the probability distribution of car sales per day in a used car dealer based on past data. P(X) is the probability of the corresponding value of X = x. Calculate the expected number of sales per day and followed by its standard deviation. P(X) 0.1 1 0.25 0.3 0.35 1.00 3 Total

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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The following table lists the probability distribution of car sales per day in a used car
dealer based on past data. P(X) is the probability of the corresponding value of X = x.
Calculate the expected number of sales per day and followed by its standard deviation.
P(X)
0.1
1
0.25
0.3
2
0.35
Total
1.00
Transcribed Image Text:The following table lists the probability distribution of car sales per day in a used car dealer based on past data. P(X) is the probability of the corresponding value of X = x. Calculate the expected number of sales per day and followed by its standard deviation. P(X) 0.1 1 0.25 0.3 2 0.35 Total 1.00
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