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Expected Value (solutions, examples, formulas, videos)
Jan 28, 2010
onlinemathlearning.com
SOLVED: EXPECTED VALUE OF M Calculate the expected value andinterpret the answer in context of the problem below. A hospitalresearcher is interested in the number of times the average post-oppatient will ring the nurse during a 12-hour shift. For a randomsample of 50 patients, the following information was obtained.Calculate the expected value. Number of times a patient will ringthe nurse, x 0 1 2 3 4 5 Probability that a patient will ring thenurse, P(x) 0.08 0.16 0.32 0.28 0.12 0.04 Discus
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SOLVED:What is the expected value, and what does it measure? How is it computed for a discrete probability distribution?
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