The Probability Distribution for X ,Daily Demand of a Particular $$\begin{array} { l | r r r r } x & 1 & 2 & 3 & 4 \\\hline p ( x ) & 0.05 & 0.42 & 0.44 & 0.09\end{array}$$

question 10

Essay

The probability distribution for X ,daily demand of a particular newspaper at a local newsagency,( in hundreds) is as follows: $$\begin{array} { l | r r r r } x & 1 & 2 & 3 & 4 \\\hline p ( x ) & 0.05 & 0.42 & 0.44 & 0.09\end{array}$$ a. Find and interpret the expected value of X.
b. Find V(X).
c. Find .

---

Definitions:

Equity Returns

The profit or loss generated on an investment in equity, represented as a percentage of the investment's initial cost.

Interest

The charge for borrowing money, typically expressed as an annual percentage rate.

Debt Investments

Financial instruments that represent a loan made by an investor to a borrower, typically used by corporations, municipalities, and sovereign governments to finance projects and operations.

Return

The payment to an investor for the use of funds. Usually expressed as a percent of the investment.