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A coffee shop would like to determine how many breakfast sandwiches it should produce each day to satisfy the daily demand. The shop has the
A coffee shop would like to determine how many breakfast sandwiches it should produce each day to satisfy the daily demand. The shop has the following data available for the last 20 days of operation. For example, the first row of the table says that 5 of the last 20 days each had a demand of zero, the second row says that 4 of the last 20 days each had a daily demand of 1, and so forth. Management believes that a similar pattern of demand will happen daily in the future. Copy or type these data into an Excel spreadsheet and use it to answer the next two questions. Daily Relative Frequency Demand Frequency 0 5 0.25 1 4 0.2 2 1 0.05 3 0 0 4 1 0.05 5 4 0.2 6 5 0.25The daily demand for sandwiches at the coffee shop can be represented as a(n) ... O Output variable Discrete random variable Decision variable O Continuous random variable Question 23 0 pts Using the past data as a guide, what is the probability that tomorrow's daily demand will exceed 3 sandwiches (i.e., that it will be 4 or higher)
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