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Cars Sold Probability 0 0.06 1 0.14 2 0.30 3 0.24 4 0.12 5 0.08 6 0.06 The above is the probability of a car
Cars Sold
Probability
0
0.06
1
0.14
2
0.30
3
0.24
4
0.12
5
0.08
6
0.06
The above is the probability of a car salesman making a certain number of sales during a month.What is the expected value of the number of sales a salesman would make?
Please show work so I can know how to do it please, thanks. What confused me most was expected value, not sure what that means.
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