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An old vending machine at the Greyhound Station sells Poptarts for $2.00 per package.The machine does not always dispense packages properly due to a faulty
An old vending machine at the Greyhound Station sells Poptarts for $2.00 per package.The machine does not always dispense packages properly due to a faulty coiled release mechanism.Each time a customer operates the machine, it dispenses either zero, one, or two packages of Poptarts according to the following probability distribution:
x P(X = x)
0 p
1 1-2p
2 p
(a) Determine the expected value of X.
(b) Compute the variance of X (in terms of p).
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