Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

At a computer - consulting firm, the number of new clients that they have obtained each month has ranged from 0 to 6 . The

At a computer-consulting firm, the number of new clients that they have obtained each month has ranged from 0 to 6. The number of new clients has the probability distribution that is shown below.
Determine the variance of the new clients per month.
\table[[#,of Clients Probability],[0,0.05],[1,0.10],[2,0.15],[3,0.35],[4,0.20],[5,0.10],[6,0.05]]
2.0475
1.431
none of the answers is correct
21
3.05
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Shape Up Your Finances

Authors: Ian Birt

2nd Edition

1925716422, 978-1925716429

More Books

Students also viewed these Finance questions

Question

Additional Factors Affecting Group Communication?

Answered: 1 week ago