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Let Y be a random variable with p(y) given in the table below. Find E(Y), E(1/Y), E(Y² - 1), and the variance of Y.

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Final answer:

The random variable X represents the number of books taken out by a patron. We can calculate probabilities and averages using the given information.

Step-by-step explanation:

The random variable X for this example represents the number of books taken out by a patron.

P(x > 2) is the probability that a patron will take out more than 2 books.

The probability that a patron will check out at least one book is 1 minus the probability of taking out no books.

The probability that a patron will take out no more than three books is the sum of the probabilities of taking out 0, 1, 2, or 3 books.

If the table listed P(x) as 0.15, you would know there was a mistake because the sum of all probabilities should be equal to 1.

The average number of books taken out by a patron can be found by multiplying each number of books by its probability and summing the products.

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