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Perez Electronics Repair Business Perez Electronics is a family-owned electronics repair business. After finding more data, the new probability distribution is as follows: Number of
Perez Electronics Repair Business
Perez Electronics is a family-owned electronics repair business. After finding more data, the new probability distribution is as follows:
Number of Days | Probability |
1 | 0.16 |
2 | 0.25 |
3 | 0.31 |
4 | ??? |
5 | 0.12 |
Calculate the expected value for the number of days his customers wait for a repair.
(Give your answer in decimals. Round to the nearest 2 decimal places, if needed.)
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