4. (3 points) The demand D for a product in a week is a random variable taking on the values of -1,0, 1 with probabiliti

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4. (3 points) The demand D for a product in a week is a random variable taking on the values of -1,0, 1 with probabiliti

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4 3 Points The Demand D For A Product In A Week Is A Random Variable Taking On The Values Of 1 0 1 With Probabiliti 1
4 3 Points The Demand D For A Product In A Week Is A Random Variable Taking On The Values Of 1 0 1 With Probabiliti 1 (92.85 KiB) Viewed 103 times
4. (3 points) The demand D for a product in a week is a random variable taking on the values of -1,0, 1 with probabilities 1/8, 5/8, and c/8, respectively. A demand of -1 implies that an item is returned. (a) Find c, E[D], and variance D. (b) Find E[eº]. (c) Sketch the CDF of the random variable D, labeling all the necessary values.
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