A company has five representatives covering large territories and ten representatives cov- ering smaller territories. The probability
Question:
A company has five representatives covering large territories and ten representatives cov- ering smaller territories. The probability distributions for the numbers of orders received by each of these types of representatives in a day are shown in the accompanying table. Assuming that the number of orders received by any representative is independent of the number received by any other, find the mean and standard deviation of the total number of orders received by the company in a day. NUMBER OF ORDERS (LARGE TERRITORY) 0 4 PROBABILITY 8228 .08 .16 28 32 .10 .06 PROBABILITY NUMBER OF ORDERS (SMALLER TERRITORY) 61214 .18 .26 36 3 .13 .07
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: