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CalculusCalculus: An Applied Approach (MindTap Course List)10th Edition

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Chapter 9.1, Problem 29E
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Calculus: An Applied Approach (Min...

10th Edition
Ron Larson
ISBN: 9781305860919

Solutions

Chapter
Section
Problem 1CP
Problem 2CP
Problem 3CP
Problem 4CP
Problem 5CP
Problem 6CP
Problem 1SWU
Problem 2SWU
Problem 3SWU
Problem 4SWU
Problem 5SWU
Problem 6SWU
Problem 7SWU
Problem 8SWU
Problem 9SWU
Problem 10SWU
Problem 1E
Problem 2E
Problem 3E
Problem 4E
Problem 5E
Problem 6E
Problem 7E
Problem 8E
Problem 9E
Problem 10E
Problem 11E
Problem 12E
Problem 13E
Problem 14E
Problem 15E
Problem 16E
Problem 17E
Problem 18E
Problem 19E
Problem 20E
Problem 21E
Problem 22E
Problem 23E
Problem 24E
Problem 25E
Problem 26E
Problem 27E
Problem 28E
Problem 29E
Problem 30E
Problem 31E
Problem 32E
Problem 33E
Problem 34E
Problem 35E
Problem 36E
Problem 37E
Problem 38E
Problem 39E
BuyFindarrow_forward

Calculus: An Applied Approach (Min...

10th Edition
Ron Larson
ISBN: 9781305860919
Textbook Problem
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Revenue A publishing company introduces a new weekly magazine that sells for $4.95. The marketing group of the company estimates that the sales x (in thousands) will be approximated by the following probability function. Find E ( x ), σ , and the expected revenue.

X 10 15 20 30 40
P(x) 0.25 0.30 0.25 0.15 0.05

To determine

To calculate: The value of expected revenue, variance and standard deviation for probability distribution given as,

x 10 15 20 30 40
P(x) 0.25 0.30 0.25 0.15 0.05
Explanation

Given Information:

The random variable and their probability are given as,

x 10 15 20 30 40
P(x) 0.25 0.30 0.25 0.15 0.05

Formula used:

In the case, the set of values of a discrete random variable consist in district values x1,x2...xn then,

E(x)=x1P(x1)+x2P(x2)+...+xnP(xn)

If mean μ=E(x) then variance,

V(x)=(x1−μ)2P(x1)+(x2−μ)2P(x2)+...+(xn−μ)2P(xn)

And the standard deviation,

σ=V(x)

Calculation:

Consider the given information,

x1=10P(x1)=0.25x2=15P(x2)=0.30

And,

x3=20P(x3)=0.25x4=30P(x4)=0

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Sect-9.1 P-1CPSect-9.1 P-2CPSect-9.1 P-3CPSect-9.1 P-4CPSect-9.1 P-5CPSect-9.1 P-6CPSect-9.1 P-1SWUSect-9.1 P-2SWUSect-9.1 P-3SWUSect-9.1 P-4SWU
Sect-9.1 P-5SWUSect-9.1 P-6SWUSect-9.1 P-7SWUSect-9.1 P-8SWUSect-9.1 P-9SWUSect-9.1 P-10SWUSect-9.1 P-1ESect-9.1 P-2ESect-9.1 P-3ESect-9.1 P-4ESect-9.1 P-5ESect-9.1 P-6ESect-9.1 P-7ESect-9.1 P-8ESect-9.1 P-9ESect-9.1 P-10ESect-9.1 P-11ESect-9.1 P-12ESect-9.1 P-13ESect-9.1 P-14ESect-9.1 P-15ESect-9.1 P-16ESect-9.1 P-17ESect-9.1 P-18ESect-9.1 P-19ESect-9.1 P-20ESect-9.1 P-21ESect-9.1 P-22ESect-9.1 P-23ESect-9.1 P-24ESect-9.1 P-25ESect-9.1 P-26ESect-9.1 P-27ESect-9.1 P-28ESect-9.1 P-29ESect-9.1 P-30ESect-9.1 P-31ESect-9.1 P-32ESect-9.1 P-33ESect-9.1 P-35ESect-9.1 P-36ESect-9.1 P-37ESect-9.1 P-38ESect-9.2 P-1CPSect-9.2 P-2CPSect-9.2 P-3CPSect-9.2 P-4CPSect-9.2 P-5CPSect-9.2 P-1SWUSect-9.2 P-2SWUSect-9.2 P-3SWUSect-9.2 P-4SWUSect-9.2 P-5SWUSect-9.2 P-6SWUSect-9.2 P-7SWUSect-9.2 P-1ESect-9.2 P-2ESect-9.2 P-3ESect-9.2 P-4ESect-9.2 P-5ESect-9.2 P-6ESect-9.2 P-7ESect-9.2 P-8ESect-9.2 P-9ESect-9.2 P-10ESect-9.2 P-11ESect-9.2 P-12ESect-9.2 P-13ESect-9.2 P-14ESect-9.2 P-15ESect-9.2 P-16ESect-9.2 P-17ESect-9.2 P-18ESect-9.2 P-19ESect-9.2 P-20ESect-9.2 P-21ESect-9.2 P-22ESect-9.2 P-23ESect-9.2 P-24ESect-9.2 P-25ESect-9.2 P-26ESect-9.2 P-27ESect-9.2 P-28ESect-9.2 P-29ESect-9.2 P-30ESect-9.2 P-31ESect-9.2 P-32ESect-9.2 P-33ESect-9.2 P-34ESect-9.2 P-35ESect-9.2 P-36ESect-9.2 P-37ESect-9.2 P-38ESect-9.2 P-39ESect-9.3 P-1CPSect-9.3 P-2CPSect-9.3 P-3CPSect-9.3 P-4CPSect-9.3 P-5CPSect-9.3 P-6CPSect-9.3 P-7CPSect-9.3 P-1SWUSect-9.3 P-2SWUSect-9.3 P-3SWUSect-9.3 P-4SWUSect-9.3 P-5SWUSect-9.3 P-6SWUSect-9.3 P-1ESect-9.3 P-2ESect-9.3 P-3ESect-9.3 P-4ESect-9.3 P-5ESect-9.3 P-6ESect-9.3 P-7ESect-9.3 P-8ESect-9.3 P-9ESect-9.3 P-10ESect-9.3 P-11ESect-9.3 P-12ESect-9.3 P-13ESect-9.3 P-14ESect-9.3 P-15ESect-9.3 P-16ESect-9.3 P-17ESect-9.3 P-18ESect-9.3 P-19ESect-9.3 P-20ESect-9.3 P-21ESect-9.3 P-22ESect-9.3 P-23ESect-9.3 P-24ESect-9.3 P-25ESect-9.3 P-26ESect-9.3 P-27ESect-9.3 P-28ESect-9.3 P-29ESect-9.3 P-30ESect-9.3 P-31ESect-9.3 P-32ESect-9.3 P-33ESect-9.3 P-34ESect-9.3 P-35ESect-9.3 P-36ESect-9.3 P-37ESect-9.3 P-38ESect-9.3 P-39ESect-9.3 P-40ESect-9.3 P-41ESect-9.3 P-42ESect-9.3 P-43ESect-9.3 P-44ESect-9.3 P-45ESect-9.3 P-46ESect-9.3 P-47ESect-9.3 P-48ESect-9.3 P-49ESect-9.3 P-50ESect-9.3 P-54ESect-9.3 P-55ESect-9.3 P-56ESect-9.3 P-57ECh-9 P-1RECh-9 P-2RECh-9 P-3RECh-9 P-4RECh-9 P-5RECh-9 P-6RECh-9 P-7RECh-9 P-8RECh-9 P-9RECh-9 P-10RECh-9 P-11RECh-9 P-12RECh-9 P-13RECh-9 P-14RECh-9 P-15RECh-9 P-16RECh-9 P-17RECh-9 P-18RECh-9 P-19RECh-9 P-20RECh-9 P-21RECh-9 P-22RECh-9 P-23RECh-9 P-24RECh-9 P-25RECh-9 P-26RECh-9 P-27RECh-9 P-28RECh-9 P-29RECh-9 P-30RECh-9 P-31RECh-9 P-32RECh-9 P-33RECh-9 P-34RECh-9 P-35RECh-9 P-36RECh-9 P-37RECh-9 P-38RECh-9 P-39RECh-9 P-40RECh-9 P-41RECh-9 P-42RECh-9 P-43RECh-9 P-44RECh-9 P-45RECh-9 P-46RECh-9 P-47RECh-9 P-48RECh-9 P-49RECh-9 P-50RECh-9 P-51RECh-9 P-52RECh-9 P-53RECh-9 P-54RECh-9 P-55RECh-9 P-56RECh-9 P-57RECh-9 P-58RECh-9 P-59RECh-9 P-60RECh-9 P-61RECh-9 P-62RECh-9 P-1TYSCh-9 P-2TYSCh-9 P-3TYSCh-9 P-4TYSCh-9 P-5TYSCh-9 P-6TYSCh-9 P-7TYSCh-9 P-8TYSCh-9 P-9TYSCh-9 P-10TYSCh-9 P-11TYSCh-9 P-12TYSCh-9 P-13TYSCh-9 P-14TYSCh-9 P-15TYSCh-9 P-16TYS

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