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The weekly demand of aslow-moving product has the probability mass function shown to the right. Find the expectedvalue, variance, and standard deviation of weekly demand.
The weekly demand of aslow-moving product has the probability mass function shown to the right.
Find the expectedvalue, variance, and standard deviation of weekly demand.
Demand, x Probability, f(x)
0 0.2
1 0.3
2 0.1
3 0.4
4 or more 0.0
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