(Steps Shown) A bank president is interested in the average number of credit cards that a savings account customer has. Bank records revealed the following
Question: A bank president is interested in the average number of credit cards that a savings account customer has. Bank records revealed the following percentages (probabilities) of credit cards owned.
Number of Percentage
Cards, X P(X)
0 19%
1 46%
2 35%
100%
Find the mean number of credit cards.
Deliverable: Word Document 