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Author Question: The number of bad checks received per day by a store and the respective probabilities are shown ... (Read 55 times)

kmoyer2

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on: Mar 25, 2023

The number of bad checks received per day by a store and the respective probabilities are shown below.

 

Number of Bad Checks

 

Received Per Day

Probability

0

0.04

1

0.06

2

0.10

3

0.30

4

0.20

5

0.15

6

0.10

7

0.05


 

a.

What is the expected number of bad checks received per day?

b.

Determine the variance in the number of bad checks received per day.
c.What is the standard deviation?

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by kmoyer2 on Mar 25, 2023

ealonif

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Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kmoyer2

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Reply 2 on: Mar 25, 2023
Wow, this really help

hollysheppard095

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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