The random variable x is number of houses sold by realtor

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Reference no: EM13471971

The random variable x is the number of houses sold by a realtor in a single month at the real-estate office.  Its probability distribution is:

Houses sold (x)

Probability P(x)

0

0.09

1

0.24

2

0.21

3

0.17

4

0.03

5

0.15

6

0.09

7

0.02

a. Compute the mean of the random variable.

b. Compute the standard deviation of the random variable.

Reference no: EM13471971

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