The Demand Distribution for LED TVs Is Tabled Here A)10
B)9

question 56

Multiple Choice

The demand distribution for LED TVs is tabled here.Determine the expected demand for LED TVs in the long run using probability distribution. $$\begin{array} { | l | l | } \hline \text { Demsnd for LED TVs } & \text { Frequency of Dccurrence in Days } \\\hline 0 & 10 \\\hline 5 & 20 \\\hline 10 & 30 \\\hline 20 & 10 \\\hline 25 & 5 \\\hline\end{array}$$

• A)10
• B)9.67
• C)3.45
• D)8.65

---

Definitions:

Gini Coefficient

A measure of the distribution of wealth within a country.

Reserve Requirement

The minimum amount of cash reserves a commercial bank must hold.

Capitalism

An economic system in which factors of trade and production are controlled by private owners rather than by the state.

Socialism

A collective form of government in which the means of production and the distribution of production are owned collectively by the community as a whole.