The following table shows the probability distribution for a discrete random variable. X 24 26 27 32 35 39 P(X) 0.16 0.09 0.18 0
2 answers:
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As given,
Weekly rent of Mr. Thomson is = $104.92
Part A: What is Mr. Thompson's yearly rent (using 52 weeks)?
Rent for 1 week = 104.92
Rent for 52 weeks = = $5455.84
Part B: What was the average grocery expense in this time period?
Mr. Thomson purchased groceries on 2/18 for $33.45 and on 3/5 for $28.56
Hence average grocery expense is =
= $31 per week or $62.01 per month
Part C: Mr. Thompson estimates his yearly expense for groceries to be:
The monthly expense for groceries is = $62.01
So yearly expense will be = = $744.12