**Suit Sales Data Analysis**The data below represents the number of suits sold per day at a retail store along with the corresponding probabilities.**Table: Number of Suits Sold and Probability**| Number of Suits Sold $X$ | Probability $P(X)$ ||----------------------------|----------------------|| 19 | 0.1 || 20 | 0.2 || 21 | 0.3 || 22 | 0.1 || 23 | 0.3 |**Instructions:**- **Send data to Excel:** Click the button to export the data for further analysis.- **Part 0 / 4:** Indicator of the progress through the problem.- **Part 1 of 4:** Calculate the mean of the number of suits sold. - **Task:** Find the mean. Round your answer to one decimal place as needed. - **Mean ($\mu$) =** [Input box here]This exercise involves calculating the expected value (mean) of a probability distribution, which is a fundamental concept in statistics.

Given data is No. of suits sold X 19 20 21 22 23 probability P(X) 0.1 0.2 0.3 0.1 0.3

Answered: Suit Sales The number of suits sold per…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Suit Sales The number of suits sold per day at a retail store is shown in the table, with the corresponding probabilities Number of suits sold X 19 20 21 22 23 Probability P (X) 0.1 0.2 0.3 0.1 0.3 Send data to Excel