Let the random variable X be the number of days that a certain patient needs to be in the hospital. Suppose X has the pmf 5-x ,x 1, 2, 3, 4. 10 f(x)= If the patient is to receive $250 from an insurance company for each of the first two days in the hospital and $150 for each day after the first two days, what is the expected payment for the hospitalization?

Let the random variable X be the number of days that a certain patient needs to be in the hospital. Suppose X has the pmf 5-x ,x 1, 2, 3, 4. 10 f(x)= If the patient is to receive $250 from an insurance company for each of the first two days in the hospital and $150 for each day after the first two days, what is the expected payment for the hospitalization?

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter9: Counting And Probability

Section9.3: Binomial Probability

Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...

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