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Expected value, variance and standard deviation.
A volunteer ambulance service handles 0 to 5 service calls on any given day. The probability distribution for the number of service calls is as follows
Number of Service Calls
Probability
Number of service calls
0
0.1
3
0.2
1
0.15
4
2
0.3
5
a) What is the expected number of service calls?
b) What is the variance in the number of service calls? What is the standard deviation?
Compute the variance and standard deviation
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