Question #51890 Statistics Probability Basic Probability Concepts 1 Answer tcw1 Aug 12, 2017 #μ_x=1475.29# Explanation: #μ_x=Σ(x_i*p_(x i))# #μ_x=1/(17)*10000+5/(17)*3000+8/(17)*10# #μ_x=1475.29# Answer link Related questions What is a random event in probability? What is the sample space of flipping a coin? What is the probability of obtaining a "3" on one roll of a die? What is the sample space of rolling a 6-sided die? If you draw one card from a deck of cards, what is the probability that it is a heart or a diamond? What is the probability that, if you roll a balanced die twice, that you will get a "1" on both dice? You stand at the basketball free-throw line and make 30 attempts at at making a basket. You... You have a balanced coin. In your first 350 flips, you have obtained 300 tails and 50 heads. ... The last 3 times you went to the dentist for your 6-month checkup, it rained as you drove to her... You roll a balanced die two times. Is the second roll independent of the first roll? See all questions in Basic Probability Concepts Impact of this question 1426 views around the world You can reuse this answer Creative Commons License