Exhibit 5-4 A local bottling company has determined the number of machine breakdowns per month and...

Exhibit 5-4

A local bottling company has determined the number of machine breakdowns per month and their respective probabilities as shown below.

	Number of
	Breakdowns	Probability
	0	0.12
	1	0.38
	2	0.25
	3	0.18
	4	0.07

Refer to Exhibit 5-4. The expected number of machine breakdowns per month is?

2. The probability of at least 3 breakdowns in a month is

3. The probability of no breakdowns in a month is

4.The expected number of new clients per month is

5. The variance is

6. The standard deviation is

Solutions

Expert Solution

orchestra answered 2 years ago

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