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Find the Expected Value of the Random Variable What Is the Expected Value of the Number of Employees

Question 104

Multiple Choice

Find the expected value of the random variable. Round to the nearest cent unless stated otherwise.
-Sue Anne owns a medium-sized business. Use the probability distribution below, where X describes the number of employees who call in sick on a given day.  Number of Employees Sick 01234P(X=x) 0.050.40.30.150.1\begin{array} { l | c c c c c } \text { Number of Employees Sick } & 0 & 1 & 2 & 3 & 4 \\\hline \mathrm { P } ( \mathrm { X } = \mathrm { x } ) & 0.05 & 0.4 & 0.3 & 0.15 & 0.1\end{array} What is the expected value of the number of employees calling in sick on any given day? Round
The answer to two decimal places.


A) 2.00
B) 1.90
C) 1.85
D) 1.00

Correct Answer:

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