Hotels R Us has kept the following records concerning the number of guests in a room. Number of Guests Probability 1 0.35 2 0.50 3 0.10 4 0.05 What is the mean (or expected value) of guests in a room

Respuesta :

Finding the sum of each outcome multiplied by it's respective probability, it is found that the expected value of guests in a room is of 1.85.

The expected value of a discrete distribution is given by the sum of each outcome multiplied by it's respective probability.

In this problem, the distribution is:

[tex]P(X = 1) = 0.35[/tex]

[tex]P(X = 2) = 0.5[/tex]

[tex]P(X = 3) = 0.1[/tex]

[tex]P(X = 4) = 0.05[/tex]

Hence:

[tex]E(X) = 0.35(1) + 0.5(2) + 0.1(3) + 0.05(4) = 1.85[/tex]

The expected value of guests in a room is of 1.85.

A similar problem is given at https://brainly.com/question/24855677