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.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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  1. 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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