Textbook ExpertVerified Tutor
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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