Construct Probability Histograms
-A Manager Asked Her Employees How Many $x$

question 60

Multiple Choice

Construct Probability Histograms
-A manager asked her employees how many times they had given blood in the last year. The results of the survey are given below. The random variable $x$ represents the number of times a person gave blood and $\mathrm { P } ( \mathrm { x } )$ represents the probability of selecting an employee who had given blood that percent of the time. What is the mean number of times a person gave blood based on this survey?
$\begin{array}{|c|c|c|c|c|c|c|c|}\hline x & 0 & 1 & 2 & 3 & 4 & 5 & 6 \\\hline P(x) & 0.30 & 0.25 & 0.20 & 0.12 & 0.07 & 0.04 & 0.02 \\\hline\end{array}$

• A) \(1.6\)
• B) \(3.0\)
• C) \(2.0\)
• D) \(0.14\)

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Definitions:

Perfecting Interest

Legal steps taken to protect a secured interest in a piece of property, typically through public registration.

Right To Object

The legal entitlement to express disagreement or opposition to a statement or procedure in legal settings.

Retention Of Collateral

The process where a secured creditor holds onto the collateral provided by a debtor until the loan associated with that collateral is fully repaid.

Perfected Interest

A legal term indicating that a security interest in a property or asset has been legally established and prioritized over others.