Instruction 5 -Referring to Instruction 5

question 169

Short Answer

Instruction 5.2
The following table contains the probability distribution for X = the number of traffic accidents reported in a day in Perth.
$$\begin{array} { | c | c | c | c | c | c | c | } \hline X & 0 & 1 & 2 & 3 & 4 & 5 \\\hline & 0.1 & 0.2 & 0.4 & 0.1 & 0.0 & 0.0 \\P ( X ) & 0 & 0 & 5 & 5 & 5 & 5 \\\hline\end{array}$$
-Referring to Instruction 5.2,the mean or expected value of the number of accidents is ______.

---

Definitions:

Accrued Wages

Compensation that employees have acquired through work but still awaits disbursement by the employer.

Wages Expense

The total cost incurred by a company for the compensation of its employees, excluding benefits and bonuses.

Wages Payable

A liability account that records the amounts owed to employees for work that has been performed but not yet paid.

Biweekly Salaries

Compensation paid to employees on a two-week basis, typically resulting in 26 pay periods per year.