Question
John is a driver and his weekly income depends heavily on the weather condition. Assume each day can be classified as Rainy Day (20%) or
John is a driver and his weekly income depends heavily on the weather condition. Assume each day can be classified as Rainy Day (20%) or non-Rainy Day (80%) and each day's weather is independent. John checks his past delivery history and estimates that he can earn 150 dollar on a rainy day but earns half the amount on a rainy day
- what is his average weekly income he can earn?
- What is the SD of the weekly income John can earn?
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Discrete and Combinatorial Mathematics An Applied Introduction
Authors: Ralph P. Grimaldi
5th edition
201726343, 978-0201726343
