Question
Every week the company that delivers medical supplies. Every week the company generates new revenue. The following table contains past records Revenue $(x,) Probability p(x,)
Every week the company that delivers medical supplies. Every week the company generates new revenue. The following table contains past records
| Revenue $(x,) | Probability p(x,) |
| $2,000 | 0.3 |
| $1,500 | 0.3 |
| $1,000 | 0.2 |
| $500 | 0.1 |
| $0 | 0.1 |
a. Expected revenue for this week?
b. Find standard deviation for distribution
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Basic Finance An Introduction To Financial Institutions, Investments, And Management
Authors: Herbert B. Mayo
12th Edition
1337691011, 978-1337691017
