Find standard deviation in distriubtion of credit cards


a bank president is interested in the average number of credit cards that a savigns account customer has. Bank records revealed the following percentages (probabilities) of credit cards owned.

Number of Cards, X Percentage, P(X)

0 17%

1 35%

2 48%

A) Find the mean number of credit cards

B) Find the standard deviation in this distriubtion of credit cards

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Find standard deviation in distriubtion of credit cards
Reference No:- TGS0751067

Expected delivery within 24 Hours