subject
Mathematics, 16.03.2020 17:56 danuwell

Annual profit (P) is the product of total annual sales (S) and profit per unit sold (X); that is, Pequals=Xtimes•S. It is desired to know the probability distribution of the random variable P when X and S have the following assumed probability mass functions (X and S are independent). What are the mean, variance, and standard deviation of the probability distribution for annual profit, P?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
If your annual gross income is $62,000 and you have one monthly car payment of $335 and a monthly student loan payment of $225, what is the maximum house payment you can afford. consider a standard 28% front-end ratio and a 36% back-end ratio. also, to complete your calculation, the annual property tax will be $3,600 and the annual homeowner's premium will be $360.
Answers: 1
question
Mathematics, 21.06.2019 19:30
According to the data set, where should the upper quartile line of the box plot be placed?
Answers: 1
question
Mathematics, 21.06.2019 23:30
Write an inequality for this sentence the quotient of a number and -5 increased by 4 is at most 8
Answers: 1
question
Mathematics, 22.06.2019 00:20
Abag contains pieces of paper numbered from 5 to 9. a piece of paper is drawn at random. what is the theoretical probability of drawing a number less than 8?
Answers: 1
You know the right answer?
Annual profit (P) is the product of total annual sales (S) and profit per unit sold (X); that is, Pe...
Questions
question
Mathematics, 24.05.2021 02:00
question
Mathematics, 24.05.2021 02:00
question
Mathematics, 24.05.2021 02:00
Questions on the website: 13722367