Croissant Bakery Inc. offers special decorated cakes for birthdays, weddings, and other

Chapter 0, Problem 41

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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

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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

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