subject
Mathematics, 07.04.2021 04:30 nothingworksoutforme

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 left parenthesis 0 right parenthesis equals 0.63​, Upper P left parenthesis 1 right parenthesis equals 0.21​, Upper P left parenthesis 2 right parenthesis equals 0.12​, Upper P left parenthesis 3 right parenthesis equals 0.03​, Upper P left parenthesis 4 right parenthesis equals 0.01​, 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 left parenthesis 0 plus 1 plus 2 plus 3 plus 4 right parenthesis 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 15:00
Shryia read a 481 -page-long book cover to cover in a single session, at a constant rate. after reading for 1.5 hours, she had 403 pages left to read. how fast was shryia reading? pages per hour how long did it take her to read the entire book? hours plz i realy need this
Answers: 1
question
Mathematics, 21.06.2019 15:20
Which is the equation of an ellipse with directrices at x = ±4 and foci at (2, 0) and (−2, 0)?
Answers: 3
question
Mathematics, 21.06.2019 22:00
Set up and solve a proportion for the following application problem. if 55 pounds of grass seed cover 404 square feet, how many pounds are needed for 7272 square feet?
Answers: 1
question
Mathematics, 21.06.2019 22:30
Micheal is 4 times as old as brandon and is also 27 years older than brandon. how old is micheal
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
Mathematics, 21.05.2021 20:10
question
English, 21.05.2021 20:10
question
History, 21.05.2021 20:10
question
Mathematics, 21.05.2021 20:10
question
Mathematics, 21.05.2021 20:10
Questions on the website: 13722367