A Market Research Team Compiled the Following Discrete Probability Distribution $$\begin{array} { | c | c | } \hline x & P ( x ) \\\hline 0 & 0.30 \\\hline 1 & 0.50 \\\hline 2 & 0.10 \\\hline 3 & 0.10 \\\hline\end{array}$$

A market research team compiled the following discrete probability distribution for families residing in Randolph County.In this distribution, x represents the number of evenings the family dines outside their home during a week. $$\begin{array} { | c | c | } \hline x & P ( x ) \\\hline 0 & 0.30 \\\hline 1 & 0.50 \\\hline 2 & 0.10 \\\hline 3 & 0.10 \\\hline\end{array}$$ The mean (average) value of x is _______________.

A) 1.0
B) 1.5
C) 2.0
D) 2.5
E) 3.0

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free