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Find the mean of the random variable.
-The random variable X is the number of siblings of a student selected at random from a particular secondary school. Its probability distribution is given in the table. Round the answer to three
Decimal places when necessary.
Value Basis
A method for calculating the cost of an investment, typically used to determine the gain or loss on the sale or disposition of the asset.
Golf Course Lots
Parcels of land designated or developed for the purpose of constructing golf courses, often classified as commercial real estate.
Expense Allocation
The process of assigning or distributing indirect costs to different departments, projects, or products.
Maintenance Department
The division within a company responsible for maintaining equipment, buildings, and other assets to ensure efficient operation.
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