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Amy Wants to Estimate the Average Number of Items Per

Question 4

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Amy wants to estimate the average number of items per purchase at the express lane of a local grocery store. She has estimated the following probabilities based on a sample size of 50 customers. Determine the expected value, variance, and standard deviation of items per purchase.  Items per Purchase  Probability 10.2920.1630.1540.1850.22\begin{array} { | l | l | } \hline \text { Items per Purchase } & \text { Probability } \\\hline 1 & 0.29 \\\hline 2 & 0.16 \\\hline 3 & 0.15 \\\hline 4 & 0.18 \\\hline 5 & 0.22 \\\hline\end{array}

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E(X) = 2.88 items
V(...

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