Using historical records, a manufacturing firm has developed the following probability distribution for the number of days required to get components from its suppliers. The distribution is shown here, where the random variable x is the number of days. X 4 5 6 7 8 P(x) 0.17 0.38 0.31 0.105 0.035 a. The average lead time is 5.455 b. The coefficient of variation is not round. Do not include % in your answer.) days. (Type the entire number, do not round.) %. (Round to two decimal places as needed. Do

MATLAB: An Introduction with Applications
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Using historical records, a manufacturing firm has developed the following probability distribution
for the number of days required to get components from its suppliers. The distribution is shown
here, where the random variable x is the number of days.
X
4
5
6
7
8
P(x)
0.17
0.38
0.31
0.105
0.035
Transcribed Image Text:Using historical records, a manufacturing firm has developed the following probability distribution for the number of days required to get components from its suppliers. The distribution is shown here, where the random variable x is the number of days. X 4 5 6 7 8 P(x) 0.17 0.38 0.31 0.105 0.035
Using historical records, a manufacturing firm has developed the following probability distribution
for the number of days required to get components from its suppliers. The distribution is shown
here, where the random variable x is the number of days.
X
4
5
6
7
8
P(x)
0.17
0.38
0.31
0.105
0.035
a. The average lead time is 5.455
b. The coefficient of variation is
not round. Do not include % in your answer.)
days. (Type the entire number, do not round.)
%. (Round to two decimal places as needed. Do
Transcribed Image Text:Using historical records, a manufacturing firm has developed the following probability distribution for the number of days required to get components from its suppliers. The distribution is shown here, where the random variable x is the number of days. X 4 5 6 7 8 P(x) 0.17 0.38 0.31 0.105 0.035 a. The average lead time is 5.455 b. The coefficient of variation is not round. Do not include % in your answer.) days. (Type the entire number, do not round.) %. (Round to two decimal places as needed. Do
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