Question
A company specializes in installing and servicing central heating furnaces. In the pre- winter period, service calls may result in an order a new furnace.
A company specializes in installing and servicing central heating furnaces. In the pre- winter period, service calls may result in an order a new furnace. The table shows estimated probabilities for numbers of new furnace orders generated in this way in the last two weeks of September.
Number of Orders
0
1
2
3
4
5
Probability
0.10
0.14
0.26
0.28
0.15
0.07
Let X be the number of orders in September, and Y be the number of orders in October. If Y is defined as Y=3X-2, then find the mean number of orders in the last two weeks of October.
d.Find the standard deviation of the number of orders in the last two weeks of October.
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