Question: Determine whether the random variable described is discrete or continuous. The number of attendees at a cinema on a Friday night. The random variable described



Determine whether the random variable described is discrete or continuous. The number of attendees at a cinema on a Friday night. The random variable described is discrete discrete X continuousDo you carpool? Let X represent the number of occupants in a randomly chosen car on a certain stretch of highway during morning commute hours. A survey of cars showed that the probability distribution of X is as follows. X 1 2 4 P(x) 0.69 0.12 0.11 0.03 0.05 Send data to Excel Part: 0 / 7 Part 1 of 7 (a) Find P (5). P (5) =Business projection: An investor is considering a $10,000 investment in a start-up company. She estimates that she has probability 0.38 of a $15,000 loss, probability 0.28 of a $12,900 profit, probability 0.19 of a $48,000 profit, and probability 0.15 of breaking even (a profit of $0). What is the expected value of the profit? Would you advise the investor to make the investment? Part: 0 / 2 Part 1 of 2 The expected value of the profit is $
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