Find the mean and standard deviation
Find the mean and standard deviation of the following probability distribution:
x
1
2
3
P(x)
0.6
0.2
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What price must the club charge to increase revenue? Find the maximum revenue? What price must club charge to maximize revenue? Determine the maximum revenue?
A polling company gets an alphabetical list of the names of voters in precinct. They choose every 20th person from the list till a sample of 100 is obtained. They then call these 100 people. Does this sampling plan result in the random sample? Sim
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