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A life insurance salesperson expects to sell between zero and five insurance policies per day. The probability of these is given as follows: Policies Per
A life insurance salesperson expects to sell between zero and five insurance policies per day. The probability of these is given as follows:
Policies Per Day Probability, f(x)
0 .23
1 .08
2 .31
3 .18
4 .11
5 .09
Find the expected number of insurance policies that the salesperson will sell per day. Also, find the variance and standard deviation of this data.
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