Question: The following probability mass function is for a random variable of the number of customers serviced by a bank teller: Assuming the mid value of
The following probability mass function is for a random variable of the number of customers serviced by a bank teller:![x (rang) Px(x) [0,100] 0.10 [101,200] 0.20 [201,300] 0.30 [301,400] 0.2 [401,500]](https://dsd5zvtm8ll6.cloudfront.net/images/question_images/1725/0/1/8/17566d1b03f5a3f71725018161010.jpg)
Assuming the mid value of the range to represent the x value for the probability mass function,
(a) compute the expected value of X,
(b) compute the variance and standard deviation,
(c) compute the probability that X ≥ 301.
x (rang) Px(x) [0,100] 0.10 [101,200] 0.20 [201,300] 0.30 [301,400] 0.2 [401,500] 0.2
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