Mean of discrete probability distribution

Reference no: EM13102143

A random sampling of financial analysts was asked to provide forecasts of earnings per share of a corporation's stock for the next year. The results are summarized as follows:

Forecast ($ per share) # Analysts Mi FiMi

$8 < $10 2 Analysts

$10 < $12 3 Analysts

$12 < $14 9 Analysts

$14 < $16 16 Analysts

$16 < $18 4 Analysts

Find the mean earnings per share for this stock, while also filling in the chart for Mi and FiMi.

Reference no: EM13102143

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