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What is the expected value of v

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Reference no: EM132919341

There are three motels in downtown Statville. The table below shows the discrete probability distribution for V, the number of these motels that have vacancies on a Saturday night.

Motels with vacancies Probability
1 0.25
2 0.2
3 0.1
no vacancies the rest

What is the expected (average) value of V? Round your answer to one decimal.

Reference no: EM132919341

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