The weekly demand of a slow-moving product has the probability mass function shown to the right. find the expected value, variance, and standard deviation of weekly demand.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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The weekly demand of a slow-moving product has the probability mass function shown to the right.

find the expected value, variance, and standard deviation of weekly demand.

1123
Demand, x
Probability, f(x)
0.4
0.3
0.1
0.2
4 or more
0.0
Transcribed Image Text:1123 Demand, x Probability, f(x) 0.4 0.3 0.1 0.2 4 or more 0.0
The expected value of weekly demand is.
(Type an integer or a decimal. Do not round.)
The variance of weekly demand is
(Type an integer or a decimal. Do not round.)
The standard deviation of weekly demand is
(Round to three decimal places as needed.)
Transcribed Image Text:The expected value of weekly demand is. (Type an integer or a decimal. Do not round.) The variance of weekly demand is (Type an integer or a decimal. Do not round.) The standard deviation of weekly demand is (Round to three decimal places as needed.)
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