Get expert advice and community support for your questions on IDNLearn.com. Ask anything and receive prompt, well-informed answers from our community of knowledgeable experts.
Answer:
Expected Value of Distribution = 40
Explanation:
Assume;
Number of candy bars(First neon green wrapper) = X
Company's parameter = p = 2.5%
Find:
Expected Value of Distribution
Computation:
Expected Value of Distribution = 1/p
Expected Value of Distribution = 100/2.5
Expected Value of Distribution = 40