Question: please answer it comprehensively. part 1 In your own words, write the different steps on how you can solve real-life problems involving mean or expected

please answer it comprehensively.

part 1

In your own words, write the different steps on how you can solve real-life problems

involving mean or expected value.

part 2

Four coins are tossed. Let Y be the random variable representing the number of tails

that occur.

1. Find the values of the random variable Y.

2. Create a probability distribution of random variable Y.

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