The following represents the probability distribution for the daily demand of computers at a local store. Demand Probability 0 0.05 1 0.2 2 0.35 3 0.25 4 0.15 What is the expected daily demand? Choices: 1 1.65     2 2.25

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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The following represents the probability distribution for the daily demand of computers at a local store.
Demand Probability
0 0.05
1 0.2
2 0.35
3 0.25
4 0.15
What is the expected daily demand?
Choices:
1
1.65   
 2
2.25
 
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