Essay
Number of Motorcycles The probability distribution of a discrete random variable X is shown below, where X represents the number of motorcycles owned by a family. {Number of Motorcycles Narrative} Apply the laws of expected value to find the following:
a. E ( X 2)
b. E (2 X 2 + 5)
c. E ( X - 2)2
Correct Answer:

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a. 2.55
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Correct Answer:
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