The weekly demand of a slow-moving product has the following probability mass function: Demand, x Probability, f(x)

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The weekly demand of a slow-moving product has the following probability mass function:

Demand, x Probability, f(x)

0 0.2 1 0.4 2 0.3 3 0.1 4 or more 0 Find the expected value, variance, and standard deviation of weekly demand.

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Business Analytics

ISBN: 9781292095448

2nd Global Edition

Authors: James R. Evans

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