Manuel Banales, Marketing Director of Plano Power Plants, In…

Manuel Banales, Marketing Director of Plano Power Plants, Inc.’s Electrical Division, is leading a study to identify and assess the relative importance of product features. Manuel directs his staff to design a survey questionnaire and distribute it to 100 of Plano’s 954 customers. Manuel is ordering a                    _  

A market research team compiled the following discrete proba…

A market research team compiled the following discrete probability distribution.  In this distribution, x represents the number of automobiles owned by a family.                   x               P(x)                 0               0.10                  1               0.10                 2               0.50                 3               0.30             The mean (average) value of x is_____________.