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The table below shows the probability distribution of past records of the number of breaks of a heavy-duty document scanning machine in a week. It
The table below shows the probability distribution of past records of the number of breaks of a heavy-duty document scanning machine in a week. It is estimated that each breakdown costs the company $2,850 in lost business. Find the standard deviation of the weekly cost from the breakdowns of this machine.
No. of breaks (X) | 0 | 1 | 2 | 3 | 4 |
P(X) | 0.14 | 0.34 | 0.2 | 0.15 | 0.17 |
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