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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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