se The probability distribution of the daily demand for a product is shown below. Demand 70 0 1 70 2 3 st 5 6 Probabili
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se The probability distribution of the daily demand for a product is shown below. Demand 70 0 1 70 2 3 st 5 6 Probabili
The probability distribution of the daily demand for a product is shown below. Demand 70 0 1 70 2 3 st 5 6 Probability 0.05 0.05 0.20 0.30 0.30 0.05 (a) What is the expected number of units demanded per day? x 0.05 Enter a number. (b) Determine the variance. X Determine the standard deviation. (Round your answer to two decimal places.) X