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Expected Value and Variance<br />

■<br />

Expected Value<br />

x f(x) xf(x)<br />

0 .40 .00<br />

1 .25 .25<br />

2 .20 .40<br />

3 .05 .15<br />

4 .10 .40<br />

E(x) = 1.20<br />

expected number of<br />

TVs sold in a day

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