Case Study 3 - Leaders of a local club want to focus on recruiting

Case Study 3

Instructions

Leaders of a local club want to focus on recruiting and  looked through their   recruiting and membership paperwork. They realized that  over the past 30 years   of annual open-house events, they spoke to four people  who were interested    enough in joining to take an application packet home. The  historical    probability P(X) that the interested prospective members would join  is    below.

• 0 join: 0.1 
• 1 join: 0.2 
•  2 join: 0.4 
• 3 join: 0.2 
• 4 join: 0.1

When they hold an open house this year, how many members  (what is the    expected value) should they anticipate joining? 

Explain your approach to determining the number of  expected new members in    a three-page response. Be sure to research sources to  support your ideas, and    integrate your sources using APA-formatted citations and  matching reference    lists. Additionally, use Times New Roman 12pt. double-spaced     font.