Answer:
[tex] E(X) = \sum_{i=1}^n X_i P(X_i)[/tex]
And from the problem we know the following:
[tex] P(X_1) = 0.34 , X_1 =858[/tex] represent the condition if the route is approved
[tex] P(X_2) = 1-0.34=0.66 , X_1 =157[/tex] represent the condition if the route is NOT approved
Then replacing in the formula for the expected value we got:
[tex] E(X) = 858*0.34 + 157*0.66 = 395.34[/tex]
So then the expected number of new employees to be hired by the airline based on the conditions given is between 395 and 396.
Step-by-step explanation:
For this cae we can define the random variable X who represent the number of new employees to be hired by the airline and we can find the expected value with the following general formula:
[tex] E(X) = \sum_{i=1}^n X_i P(X_i)[/tex]
And from the problem we know the following:
[tex] P(X_1) = 0.34 , X_1 =858[/tex] represent the condition if the route is approved
[tex] P(X_2) = 1-0.34=0.66 , X_1 =157[/tex] represent the condition if the route is NOT approved
Then replacing in the formula for the expected value we got:
[tex] E(X) = 858*0.34 + 157*0.66 = 395.34[/tex]
So then the expected number of new employees to be hired by the airline based on the conditions given is between 395 and 396.