SOLUTION: A company which rents dvds and video games from vending machines keeps track of how many items each customer rents. For the probability distribution below, X represents the number
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Question 1186352: A company which rents dvds and video games from vending machines keeps track of how many items each customer rents. For the probability distribution below, X represents the number of items rented by a randomly selected customer. P(X) represents the probability that a randomly selected customer rents that many items.
X
1
2
3
4
5
P(X)
0.2
0.3
0.3
0.1
0.1
What is the expected value for the number of items rented by a randomly selected customer? Answer by ikleyn(52772) (Show Source):