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Textbook Expert
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31 Oct 2021

Given information

There is a DVD rental store that has a five-video limit per customer at this store, so nobody ever rents more than five DVDs given below the table ;

We have to find that if Video to Go estimates that they will have 300 customers next week, how many DVDs do they expect to rent next week? Answer in sentence form.

x p(x) x*p(x)
0 0.03 0
1 0.50 0.50
2 0.24 0.48
3 -0.51 -1.53
4 0.70 2.8
5 0.04 0.2
 
Fig(a)

Step-by-step explanation

Step 1.

In the first DVD rental store, the total probability is 1

0.03+0.50+0.24-0.51+0.7+0.04=1

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Introductory Statistics
OER Edition, 2013
Openstax
ISBN: 9781938168208

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