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2. The following is a probability distribution for the number of credit cards a person has. Number of Credit Cards 0 2 3 4 5

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2. The following is a probability distribution for the number of credit cards a person has. Number of Credit Cards 0 2 3 4 5 Probability: 0.20 0.30 |0.20 |0.15 0.10 0.05 a) Calculate the expected value or average number of credit cards a person has. Show Work! b) Interpret what that expected value mean in context to this scenario

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