2. The following table shows the probability distribution of the number of watches that a jeweller will sell on a given day. Number of Watches Probability P(X) 0.05 1 0.20 0.30 0.25 4 0.15 0 or 23

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2. The following table shows the probability distribution of the number of
watches that a jeweller will sell on a given day.
Number of Watches
Probability P(X)
0.05
1
0.20
0.30
0.25
4
0.15
0.05
a. What is the probability that a jeweller will sell exactly four watches on a
given day?
b. What is the probability that a jeweller will sell, at least, two watches on a
given day?
c. What is the probability that a jeweller will sell, at most, three watchers on
a given day?
d. What is the probability that a jeweller will sell at least two watches on a
given day?
e. What is the mean of the probability distribution?
f. What is the standard deviation of the probability distribution?
23
Transcribed Image Text:2. The following table shows the probability distribution of the number of watches that a jeweller will sell on a given day. Number of Watches Probability P(X) 0.05 1 0.20 0.30 0.25 4 0.15 0.05 a. What is the probability that a jeweller will sell exactly four watches on a given day? b. What is the probability that a jeweller will sell, at least, two watches on a given day? c. What is the probability that a jeweller will sell, at most, three watchers on a given day? d. What is the probability that a jeweller will sell at least two watches on a given day? e. What is the mean of the probability distribution? f. What is the standard deviation of the probability distribution? 23
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