1) A company makes five different parts each with a different price: $10, $20, $40 and $50. On a given day theysell the parts online. On average the probability that they sell a $10 part is 0.5, and the probability that they sella $20 and $40 are each 0.1. These probabilities are summarized using the PMF, depicted below.Px(x)0.50.110 204050xNot provideda) Determine the probability that they sell a $50 part.b) Sketch the CDF for the random variable X. Label key values.

Solution- a) Determine the probability that they sell a $50 part. The probability of selling a $50…

Answered: 1) A company makes five different parts…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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