SOLUTION: A chemical supply company ships a certain solvent in 10-gallon drums. Let X represent the number of drums ordered by a randomly chosen customer. Assume X has the following probabil

Algebra ->  Finance -> SOLUTION: A chemical supply company ships a certain solvent in 10-gallon drums. Let X represent the number of drums ordered by a randomly chosen customer. Assume X has the following probabil      Log On


   

Question 1114325: A chemical supply company ships a certain solvent in 10-gallon drums. Let X represent the number of drums ordered by a randomly chosen customer. Assume X has the following probability mass function:
X : 1 2 3 4 5
P(X): 0.36 0.2 0.2 0.14 0.1
Find the mean
Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
mu=1%280.36%29%2B2%280.2%29%2B3%280.2%29%2B4%280.14%29%2B5%280.1%29
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Work that out for the mean.