Question
Consider the following table. Weekly hours worked Probability 1-30 (average=23) 0.08 31-40 (average=36) 0.16 41-50 (average=43) 0.72 51 and over (average=54) 0.04 Find the mean
Consider the following table.
| Weekly hours worked | Probability |
| 1-30 (average=23) | 0.08 |
| 31-40 (average=36) | 0.16 |
| 41-50 (average=43) | 0.72 |
| 51 and over (average=54) | 0.04 |
Find the mean of this variable.
Homework Help:
3VA. Calculating the mean, variance, and standard deviation of discrete variables Links to an external site.(4:35)
3DC. Mean or expected value of discrete variables Links to an external site.(DOCX)
Group of answer choices
39.5
39.0
40.0
40.7
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
