Question
A day's sales in $1000 units at a gas station have a gamma distribution with parameters
k = 5 and 2 = 0.9. Then DETERMINE
(i) The expectation of a day's sales?
(ii) The standard deviation of a day's sales?
(iii) The upper and lower quartiles of a day's sales?
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A day's sales in $1000 units at a gas station have a gamma distribution with parameters k = 5 and 2 = 0.9. Then DETERMINE (i) The expectation of a day's sales? (ii) The standard deviation of a day's sales? (iii) The upper and lower quartiles of a day's sales?

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Probability Distributions

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