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Croissant Bakery Inc. offers special decorated cakes for birthdays, weddings, and other
Chapter 0, Problem 41(choose chapter or problem)
Croissant Bakery Inc. offers special decorated cakes for birthdays, weddings, and other occasions. It also has regular cakes available in its bakery. The following table gives the total number of cakes sold per day and the corresponding probability. Compute the mean, variance, and standard deviation of the number of cakes sold per day
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QUESTION:
Croissant Bakery Inc. offers special decorated cakes for birthdays, weddings, and other occasions. It also has regular cakes available in its bakery. The following table gives the total number of cakes sold per day and the corresponding probability. Compute the mean, variance, and standard deviation of the number of cakes sold per day
ANSWER:Step 1 of 3
Let be the number of cakes sold and be the probability of cakes sold
The mean of the number of cakes sold is