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The random variable X is the crew size of a randomly selected shuttle mission. Its probability distribution is shown below.
X's: 2 3 4 5 6 7 8
P(X=x): 0.035 .011 .068 .325 .235 .288 .038
A. Find and interpret the mean of the random varibale
B. Obtain the standard deviation of the random variable.
The Price-to-Earnings ratio (P/E) of a publicly listed profit-making company is defined as the ratio of the stock price of the company to the earnings per share.
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