Use the Following Probability Distribution for the Next Questions

question 16

Short Answer

Use the following probability distribution for the next questions. Dental
researchers found the following probability values for the dental habits of x, the age children begin brushing their teeth or gums.

-Find the Expected Value of the probability distribution for the age children begin brushing their teeth or gums.

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Definitions:

Break-even Sales

The amount of revenue needed to cover all fixed and variable costs, resulting in zero net profit or loss.

Business Division

A distinct part of a large company that operates under the firm's umbrella but focuses on a particular area of business or market segment.

Break-even Sales

The amount of revenue required to cover both the fixed and variable costs of production, resulting in no net profit or loss.

Common Fixed Expenses

Expenses that remain constant regardless of the level of production or sales activities, such as rent, salaries, and insurance.