Solved

Interpret the Mean of a Discrete Random Variable as an Expected

Question 79

Multiple Choice

Interpret the Mean of a Discrete Random Variable as an Expected Value
-A local bakery has determined a probability distribution for the number of cheesecakes that they sell in a given day. The distribution is as follows:
 Number sold in a day 05101520 Prob (Number sold)  0.10.150.190.160.4\begin{array}{l|ccccc}\text { Number sold in a day } & 0 & 5 & 10 & 15 & 20 \\\hline \text { Prob (Number sold) } & 0.1 & 0.15 & 0.19 & 0.16 & 0.4\end{array}

Find the number of cheesecakes that this local bakery expects to sell in a day.


A) 13.0513.05
B) 13.1513.15
C) 13.5513.55
D) 10

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions