Question
The number of appointments at a dental office follows the following probability distribution Xp(x) 4.0.2 70.3 10 0.10 6 0.15 8 0.25 The dentist
The number of appointments at a dental office follows the following probability distribution Xp(x) 4.0.2 70.3 10 0.10 6 0.15 8 0.25 The dentist charges 600 pesos per appointment, Profit=600*X, What is the expected value of the profit that the doctor obtains for dental appointments? (shows the result using 1 decimal if the result obtained is not an integer)
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
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134417216, 978-0134417509, 013441750X, 978-0134417219
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