MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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An appliance dealer sells three different models of upright freezers with storage spaces of 14.5, 16.9, and 20.1 cubic feet. Let \( x \) denote the amount of storage space purchased by the next customer, with the following probability distribution:

\[
\begin{array}{c|ccc}
x & 14.5 & 16.9 & 20.1 \\
\hline
p(x) & 0.2 & 0.5 & 0.3 \\
\end{array}
\]

**(a)** Calculate the mean (in cubic feet) of \( x \).

The calculated mean is 16.95 cubic feet.

Calculate the standard deviation (in cubic feet) of \( x \). (Round your answer to three decimal places.)

The standard deviation is not provided in the text.

**(b)** If the price of the freezer depends on the size of the storage space, \( x \), with the formula:
\[ \text{Price} = 25x - 8.5 \]
What is the mean price paid (in dollars) by the next customer?

The mean price paid is not provided in the text.

**(c)** What is the standard deviation of the price paid (in dollars)? (Round your answer to the nearest cent.)

The standard deviation of the price paid is not provided in the text.

**Graph/Diagram Explanation:**

There is a table provided showing the probability distribution of storage space (in cubic feet) for different models of upright freezers. This helps in calculating expected values and variability in the context of statistics.
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Transcribed Image Text:An appliance dealer sells three different models of upright freezers with storage spaces of 14.5, 16.9, and 20.1 cubic feet. Let \( x \) denote the amount of storage space purchased by the next customer, with the following probability distribution: \[ \begin{array}{c|ccc} x & 14.5 & 16.9 & 20.1 \\ \hline p(x) & 0.2 & 0.5 & 0.3 \\ \end{array} \] **(a)** Calculate the mean (in cubic feet) of \( x \). The calculated mean is 16.95 cubic feet. Calculate the standard deviation (in cubic feet) of \( x \). (Round your answer to three decimal places.) The standard deviation is not provided in the text. **(b)** If the price of the freezer depends on the size of the storage space, \( x \), with the formula: \[ \text{Price} = 25x - 8.5 \] What is the mean price paid (in dollars) by the next customer? The mean price paid is not provided in the text. **(c)** What is the standard deviation of the price paid (in dollars)? (Round your answer to the nearest cent.) The standard deviation of the price paid is not provided in the text. **Graph/Diagram Explanation:** There is a table provided showing the probability distribution of storage space (in cubic feet) for different models of upright freezers. This helps in calculating expected values and variability in the context of statistics.
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