subject
Mathematics, 31.03.2020 04:42 keke6361

Let X represent the number of homes a real estate agent sells during a given month. Based on previous sales records, she estimates that Upper P (0 )equals 0.60, Upper P (1 )equals 0.23, Upper P (2 )equals 0.11, Upper P (3 )equals 0.04, Upper P (4 )equals 0.02, with negligible probability for higher values of x. a. Explain why it does not make sense to compute the mean of this probability distribution as (0 plus 1 plus 2 plus 3 plus 4 )divided by 5 equals 2.0. b. Find the correct mean and interpret.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 19:00
Abarbecue sold 26 hamburgers and hot dogs. hamburgers sell for $3.50 each and hot dogs sell for $2.00 each. if the barbecue made $70 in sales, determine and state the number of hot dogs sold.
Answers: 1
question
Mathematics, 21.06.2019 20:00
Pepe and leo deposits money into their savings account at the end of the month the table shows the account balances. if there pattern of savings continue and neither earns interest nor withdraw any of the money , how will the balance compare after a very long time ?
Answers: 1
question
Mathematics, 21.06.2019 20:30
Which equation expression the relationship between the number of boxes b and the number of cans c and the proportion is 48
Answers: 1
question
Mathematics, 21.06.2019 20:30
What is 140% of 25? because i need
Answers: 2
You know the right answer?
Let X represent the number of homes a real estate agent sells during a given month. Based on previou...
Questions
question
English, 07.05.2021 06:00
question
English, 07.05.2021 06:00
question
Mathematics, 07.05.2021 06:00
Questions on the website: 13722360