ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
The probability distribution for the number of automobiles sold during a day (x) at Bob Iron Motors is as follows. |
x | f(x) |
0 | 0.001 |
1 | 0.007 |
2 | 0.034 |
3 | 0.099 |
4 | 0.188 |
5 | |
6 | 0.220 |
7 | 0.136 |
8 | 0.055 |
9 | 0.015 |
10 | 0.001 |
21 | The expected value of the number of automobiles sold is, | ||||
a | 5.20 | ||||
b | 5.31 | ||||
c | 5.42 | ||||
d | 5.53 |
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