For the Following Probability Distribution A Determine Ex)

question 79

Short Answer

For the following probability distribution:
$$\begin{array} { l l } \mathbf { x } & \mathbf { f x ) } \\0 & 0.01 \\1 & 0.02 \\2 & 0.10 \\3 & 0.35 \\4 & 0.20 \\5 & 0.11 \\6 & 0.08 \\7 & 0.05 \\8 & 0.04 \\9 & 0.03 \\10 & 0.01\end{array}$$
a. Determine Ex).
b. Determine the variance and the standard deviation.

---

Definitions:

Gross Sales

The total sales generated by a business before any deductions are made for returns, allowances, and discounts.

Indirect Advertising Expenses

Costs not directly associated with specific advertising campaigns but related to broader promotional activities, such as salaries of marketing staff or general promotional materials.

Gross Sales

The total sales amount without any deductions for discounts or returns.

Indirect Expenses

Costs not directly linked to the production of goods or services, such as administrative and marketing expenses.