Answer:


![V(X) = E(X^2)-[E(X)]^2=349.2-(18.6)^2=3.24](https://tex.z-dn.net/?f=V%28X%29%20%3D%20E%28X%5E2%29-%5BE%28X%29%5D%5E2%3D349.2-%2818.6%29%5E2%3D3.24)
The expected price paid by the next customer to buy a freezer is $466
Step-by-step explanation:
From the information given we know the probability mass function (pmf) of random variable X.

<em>Point a:</em>
- The Expected value or the mean value of X with set of possible values D, denoted by <em>E(X)</em> or <em>μ </em>is

Therefore

- If the random variable X has a set of possible values D and a probability mass function, then the expected value of any function h(X), denoted by <em>E[h(X)]</em> is computed by
![E[h(X)] = $\sum_{D} h(x)\cdot p(x)](https://tex.z-dn.net/?f=E%5Bh%28X%29%5D%20%3D%20%24%5Csum_%7BD%7D%20h%28x%29%5Ccdot%20p%28x%29)
So
and
![E[h(X)] = $\sum_{D} h(x)\cdot p(x)\\E[X^2]=$\sum_{D}x^2\cdot p(x)\\ E(X^2)=16^2\cdot 0.3+18^2\cdot 0.1+20^2\cdot 0.6\\E(X^2)=349.2](https://tex.z-dn.net/?f=E%5Bh%28X%29%5D%20%3D%20%24%5Csum_%7BD%7D%20h%28x%29%5Ccdot%20p%28x%29%5C%5CE%5BX%5E2%5D%3D%24%5Csum_%7BD%7Dx%5E2%5Ccdot%20p%28x%29%5C%5C%20E%28X%5E2%29%3D16%5E2%5Ccdot%200.3%2B18%5E2%5Ccdot%200.1%2B20%5E2%5Ccdot%200.6%5C%5CE%28X%5E2%29%3D349.2)
- The variance of X, denoted by V(X), is
![V(X) = $\sum_{D}E[(X-\mu)^2]=E(X^2)-[E(X)]^2](https://tex.z-dn.net/?f=V%28X%29%20%3D%20%24%5Csum_%7BD%7DE%5B%28X-%5Cmu%29%5E2%5D%3DE%28X%5E2%29-%5BE%28X%29%5D%5E2)
Therefore
![V(X) = E(X^2)-[E(X)]^2\\V(X)=349.2-(18.6)^2\\V(X)=3.24](https://tex.z-dn.net/?f=V%28X%29%20%3D%20E%28X%5E2%29-%5BE%28X%29%5D%5E2%5C%5CV%28X%29%3D349.2-%2818.6%29%5E2%5C%5CV%28X%29%3D3.24)
<em>Point b:</em>
We know that the price of a freezer having capacity X is 60X − 650, to find the expected price paid by the next customer to buy a freezer you need to:
From the rules of expected value this proposition is true:
We have a = 60, b = -650, and <em>E(X)</em> = 18.6. Therefore
The expected price paid by the next customer is

2, since 2x 1/3 is 2/3, which is less than 3/4.
Answer:
h≤ 2423/492
Step-by-step explanation
3h+ −23/4 ≤ 370/41
3h + −23/4 + 24/4 ≤ 370/41 + 23/4
3h ≤ 2423/164
3h 3 ≤ 2423/164/3
h ≤ 2423/492
Step 1: Add 23/4 to both sides.
Step 2: Divide both sides by 3.
You can't make it proper.You can only simplify.
Step 1: Factor both the numerator and denominator down to prime factors:<span>62 = 2 * 31 </span>
40 = 23<span> * 5</span>Step 2: Calculate the greatest common factor, GCF (also called greatest common divisor, GCD), by taking all the common prime factors of the numerator and denominator, by the lowest powers:gcd(2 * 31; 23<span> * 5) = </span><span>2 </span>
Step 3: Divide both the numerator and denominator by their greatest common factor, GCF (also called the greatest common divisor, GCD):62/40 =
(2 * 31)/<span>(23 * 5)</span> =
<span>((2 * 31) : 2)</span> / <span>((23 * 5) : 2)</span> =
31/<span>(22 * 5)</span> =
31/20Step 4: Improper fraction, rewrite:<span>31 : 20 = 1 and remainder = 11 => </span>
31/20<span> = </span>(1 * 20 + 11)<span> / </span>20<span> = 1 + </span>11/20<span> = 1 </span>11/20<span> as a </span>mixed number (also called mixed fraction).<span>1 + 11 : 20 = 1.55 as a </span>decimal number<span>.</span>
Answer:
6 and 4
Step-by-step explanation: