If a dealer’s profit, in units of $5000, on a new automobile is a random variable X having the density function f(x)= 2(1-x), 0 < x < 1, zero elsewhere, find the average profit per automobile.
If a dealer’s profit, in units of $5000, on a new automobile is a random variable X having the density function f(x)= 2(1-x), 0 < x < 1, zero elsewhere, find the average profit per automobile.
Chapter5: Exponential And Logarithmic Functions
Section5.5: Exponential And Logarithmic Models
Problem 4ECP
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- If a dealer’s profit, in units of $5000, on a new automobile is a random variable X having the density
function f(x)= 2(1-x), 0 < x < 1, zero elsewhere, find the average profit per automobile.
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