Find the Mean of the Given Probability Distribution

question 8

Multiple Choice

Find the mean of the given probability distribution.
-The probabilities that a batch of 4 computers will contain 0, 1, 2, 3, and 4 defective computers are 0.5470, 0.3562, 0.0870, 0.0094, and 0.0004, respectively. Round answer to the nearest hundredth.

• A)2.00
• B)0.56
• C)1.11
• D)0.46

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Definitions:

Securities Exchange Act of 1934

A U.S. federal law regulating the secondary trading of securities (stocks, bonds, and debentures) to protect investors against malpractice.

White-collar Crime

Non-violent crime committed typically by individuals in professional roles for financial gain, involving deceit or violation of trust.

Disclosure

Disclosure involves the act of making information or data known or public, especially information that was previously unknown or kept confidential.

Uniform Securities Act

A model law designed to guide states in regulating the sale of securities to protect investors from fraud.