Question

In: Statistics and Probability

Table 3: Cars Sold per Day # Per Day # Days 0 35 1 75 2...

Table 3: Cars Sold per Day

# Per Day

# Days

0

35

1

75

2

55

3

25

4

10

For example, 35 of the days, no cars were sold. For 75 days one was sold.

  1. How many days were used in this study?
  2. Based on this study, what was the expected number of cars sold per day?
  3. What is the probability of selling 5 cars in a day?
  4. What was the variance in the expected number of cars sold per day?
  5. What was the standard deviation in the expected number of cars sold per day?
  6. What is your coefficient of variation for the sales?
  7. How many cars were sold during the periods you are studying?
  8. For the next 50 days, what will be the expected number of cars sold?

Solutions

Expert Solution

We have given data for the sales of cars during a certain period of time.


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