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noname [10]
1 year ago
6

The random variable X = the number of vehicles owned. Find the expected number of vehicles owned. Round answer to two decimal pl

aces.

Mathematics
1 answer:
Lelechka [254]1 year ago
4 0

Answer:

The expected number of vehicles owned to two decimal places is: 1.85.

Step-by-step explanation:

The table to the question is attached.

E(X) =∑xp(x)

Where:

E(X) = expected number of vehicles owned

∑ = Summation

x = number of vehicle owned

p(x) = probability of the vehicle owned

E(X) = (0 * 0.1) + (1 * 0.35) + (2 * 0.25) + (3 * 0.2) + (4 * 0.1)\\E(X) = 0 + 0.35 + 0.50 + 0.60 + 0.4\\E(X) = 1.85

The expected number of vehicles owned is 1.85.

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The same applies to benchmark numbers in intervals of 100. If you want to find 170, used the benchmark numbers 100 and 200. Then, you estimate at which point represents 170. For 410, you base on the benchmark numbers 400 and 500.

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a) Narrower

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