Question
A publisher introduces a new weekly magazine for teenagers. The company's marketers estimate that the sales x (in thousands) will be approximated by the distribution
A publisher introduces a new weekly magazine for teenagers.
The company's marketers estimate that the sales x (in thousands) will be approximated by the distribution on the right.
a) Check whether the given distribution is a probability distribution.
b) If it is a probability distribution, find the mean for this distribution
x = 10, 15, 20, 25
p(x)= .200, .300, .150, .350
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Essentials of Business Analytics
Authors: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
2nd edition
1305627733, 978-1305861817, 1305861817, 978-0357688960, 978-1305627734
