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-Dominant- [34]
3 years ago
11

Let X represent the number of homes a real estate agent sells during a given month. Based on previous sales​ records, she estima

tes 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.

Mathematics
1 answer:
olchik [2.2K]3 years ago
4 0

Answer:

The mean is 0.65

Step-by-step explanation:

See the attachment for step by step solution and interpretation.

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