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The Marketing Department of an Electronics Manufacturer Has Done Research

question 66

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The marketing department of an electronics manufacturer has done research on the number of television sets owned by families in a large town. The probability model for the number of sets owned by a randomly chosen family is given below. What is the mean number of sets per family?  Number of 0123 sets  Probability 0.040.340.470.15\begin{array} { l c c c c } \text { Number of } & 0 & 1 & 2 & 3 \\\text { sets } & & & & \\\text { Probability } & 0.04 & 0.34 & 0.47 & 0.15\end{array}


Definitions:

Strategic Physical Distance

The deliberate placement or positioning of leaders away from their followers to maintain authority, respect, or to promote independence and self-reliance among subordinates.

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