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EXERCISE 2.16 The number of wooden sailboats constructed per month in a small shipyard is a random variable that obeys the probability distribution given in

EXERCISE 2.16 The number of wooden sailboats constructed per month in a small shipyard is a random variable that obeys the probability distribution given in Table 2.30. Suppose that the sailboat builders have fixed monthly costs of $30,000 and an additional construction cost of $4,800 per boat. What is the mean and standard deviation of the monthly cost of the sailboat construction operation?

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