A limousine has eight tires on it. A fleet of such limos was fit with a batch

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A limousine has eight tires on it. A fleet of such limos was fit with a batch of tires that mistakenly passed quality testing. The following table lists the probability distribution of the number of defective tires on this fleet of limos where x represents the number of defective tires on a limo and P(x) is the corresponding probability.3 2 6. P(x) .0454 .1723 .2838 .2669 .1569 .0585 .0139 .0015 .0008

Calculate the mean and standard deviation of this probability distribution.

Give a brief interpretation of the values of the mean and standard deviation.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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