New legislation passed in 2017 by the U S Congress changed tax laws that affect how many people file their taxes which required

Question

New legislation passed in 2017 by the U S Congress changed tax laws that affect how many people file their taxes which required many people to seek tax advice from their accountants An accounting firm in New Yorkstate believes that it may have to hire additional accountants to a increased demand in tax advice for the upcoming tax season The firm has developed the following probability distribution for x number of new clients seeking tax advice MY NOTES ASK YOUR TEACHER PRACTI x f x 0 05 25 0 15 30 0 30 35 0 20 20 40 0 10 45 0 10 50 0 10 a Is this a valld probability distribution Explain This probability distribution Select valid because Select for all values of x Also x b What is the probability that the firm will obtain 40 or more new cients c What is the probability that the firm will obtain fewer than 35 new clients 5 d Compute the expected value variance and standard deviation of x Round your answers to four decimal places expected value variance

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