This is Quanitative Analysis of Management class Leaders of a local club want to focus on recruiting and looked through their recruiting and...

This is Quanitative Analysis of Management class

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