Suppose that for a given computer salesperson, the probability distribution of x
ID: 3336397 • Letter: S
Question
Suppose that for a given computer salesperson, the probability distribution of x = the number of systems sold in one month is given by the following table.
(a) Find the mean value of x (the mean number of systems sold).
mean =
(b) Find the variance and standard deviation of x. (Round the answers to four decimal places.)
(c) What is the probability that the number of systems sold is within 1 standard deviation of its mean value?
P( < x < + ) =
(d) What is the probability that the number of systems sold is more than 2 standard deviations from the mean?
P(x < 2 or x > + 2) =
Explanation / Answer
(a and b)
(c) P(2.776 < x < 5.524) = 0.13 + 0.3 + 0.29 = 0.72
(d) P(x < 1.402 or x > 6.898) = 0.01 + 0.01 = 0.02
Mean = [x * P(x)] = 4.150 Variance = [x^2 * P(x)] - Mean^2 = 1.888 SD = Variance = 1.374Related Questions
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