Solved

Find the Mean of the Given Probability Distribution A)360
B)3

Question 21

Multiple Choice

Find the mean of the given probability distribution.
-The random variable x is the number of houses sold by a realtor in a single month at the Sendsom's Real Estate office. Its probability distribution is as follows.  Houses Sold (x)  Probability P(x)  00.2410.0120.1230.1640.0150.1460.1170.21\begin{array} { r | r } \text { Houses Sold } ( \mathrm { x } ) & \text { Probability P(x) } \\\hline 0 & 0.24 \\1 & 0.01 \\2 & 0.12 \\3 & 0.16 \\4 & 0.01 \\5 & 0.14 \\6 & 0.11 \\7 & 0.21\end{array}


A) 3.60
B) 3.40
C) 3.50
D) 3.35

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions