4:46 AM Sat Mar 12 37% myopenmath.com 4. 2 Expected value The table below shows the price and proportion of tickets sold at a local theater. Complete the table to calculate the expected price of tickets sold. Price x Proportion P(x) XP(x) $5.00 0. 14 $10.00 0.11 $20.00 0.27 $30.00 0.48 Expected Value M = _ [P(x) ] M = Round your answer to 2 decimal place. Question Help: Read Message instructor Submit Question4:45 AM Sat Mar 12 37% myopenmath.com Outcome Probability ac 0 0.1817 1 .1299 2 0.1755 3 0.1683 4 0.1281 5 0.2165 Total Probability 1.00 Calculate the following probabilities using the PDF table above a.) Probability of 3 is b.) Probability of at least 1 is c. ) Probability of at least 2 is d. ) Probability of at most 1 is Question Help: Read Message instructor Submit Question4:46 AM Sat Mar 12 37% myopenmath.com 4.2 Variance and Standard Deviation of a PDF Complete the table below to find the mean, variance and standard deviation. Round all values to 3 decimal places. Pac XP(a) (20 - 1 ) ( ac - 1 ) 2 ( 20 - M) P(2 ) 0.25 1 0.1 2 0.3 3 0.35 Mean Variance M = _[XP(x) ] 82 = [ (x - 1)2P(2) Find the standard deviation of this probability distribution. Standard Deviation o = Question Help: Read Message instructor Submit Question4:46 AM Sat Mar 12 37% myopenmath.com 4.2 Mean and Expected Value of a PDF Complete the table and find the Expected value u of this probability distribution. P(a) ac P(ac) 0 0.25 0.3 2 0.25 3 0.2 Expected Value " = [ [P(2) ] Round your answer to 2 decimal place. Question Help: Read Message instructor Submit Question4:46 AM Sat Mar 12 37% myopenmath.com Question 8 C0/1 pt 9 3 99 0 Details 4.2 Variance and Standard Deviation of a PDF Complete the table below to find the mean, variance and standard deviation. Round all values to 3 decimal places. P(ac) aP(ac) ( 20 - 1 ) ( 20 - M ) 2 ( 2 - 1 ) 2 P(2) 0.05 1 0.25 2 0.05 3 0.65 Mean Variance M = _ [P(x) ] 82 = [ (x -1)2P(2) Find the standard deviation of this probability distribution. Standard Deviation o Question Help: Read Message instructor Submit