Final answer:
The expected number of e-mails that are tracked is 20. The variance is 12 and the standard deviation is approximately 3.464.
Step-by-step explanation:
a. To find the expected number of e-mails that are tracked, we multiply the probability of an e-mail being tracked (40%) by the total number of e-mails received (50):
Expected number of tracked e-mails = Probability of tracking x Number of e-mails = 0.4 x 50 = 20
b. To find the variance and standard deviation for the number of e-mails that are tracked, we use the formula:
Variance = Probability of tracking x (1 - Probability of tracking) x Number of e-mails = 0.4 x 0.6 x 50 = 12
Standard deviation = Square root of variance = √12 ≈ 3.464
c. Variance measures the spread or variability of the data. Standard deviation is the square root of the variance and gives us a measure of the average amount by which the data deviate from the mean.