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The Following Probability Distribution Represents the Number of Grievances Filed xfx)00.0410.3620.5030.0840.02\begin{array} { l l } x&fx)\\0&0.04\\1&0.36\\2&0.50\\3&0.08\\4&0.02\end{array}

question 24

Short Answer

The following probability distribution represents the number of grievances filed per month with the MNM. Corporation.
xfx)00.0410.3620.5030.0840.02\begin{array} { l l } x&fx)\\0&0.04\\1&0.36\\2&0.50\\3&0.08\\4&0.02\end{array}
a. Determine the expected value of the number of grievances in a month.
b. Determine the variance.
c. Compute the standard deviation.


Definitions:

Claim

A formal complaint made in response to dissatisfaction over a product or service.

Reference

A mention or citation of a source of information, or the act of referring to something as a source of information.

Permission

Consent or authorization given by one party to another to do something.

Social Media Presence

The activity and visibility of an individual or organization on social media platforms.

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