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To find the expected value of random variable X.
An experiment consists of flipping the fair coin three times and noting the number of heads and tails. A random variable x is defined to be two times the number of heads plus the number of tails.
Find out E(x), the expected value of x.
(a) 3.5
(b) 4.0
(c) 4.5
(d) 5.0
(e) None of the others
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About what percent of the observations lie between 55 and 65?
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A point estimate for the difference between the mean purchases of the users of the two credit cards is:
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