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endah87 endah87
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A year ago

Exhibit 5-3
Roth is a computer-consulting firm. The number of new clients that they have obtained each month has ranged from 0 to 6. The number of new clients has the probability distribution that is shown below.

 

Number of

 

New Clients

Probability

0

0.05

1

0.10

2

0.15

3

0.35

4

0.20

5

0.10

6

0.05


Refer to Exhibit 5-3. The expected number of new clients per month is



6



0



3.05



21

Textbook 
Essentials of Statistics for Business and Economics

Essentials of Statistics for Business and Economics


Edition: 7th
Authors:
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parrotheadparrothead
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endah87 Author
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Thanks for your help!!
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Just got PERFECT on my quiz
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Smart ... Thanks!
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