Solution Found!
The weekly demand for propane gas (in 1000s of gallons)
Chapter 5, Problem 22E(choose chapter or problem)
The weekly demand for propane gas (in 1000s of gallons) from a particular facility is an rv ?X ?with pdf a.? ?Compute the cdf of ?X?. b.? ?Obtain an expression for the (100?p?)th percentile. What is the value of ? c.? ?Compute ?E?? ?) and ?? ?? . d.? ?If 1.5 thousand gallons are in stock at the beginning of the week and no new supply is due in during the week, how much of the 1.5 thousand gallons is expected to be left at the end of the week? [?Hint?: h(x)Let amount left when demand = ?x.? ]
Questions & Answers
QUESTION:
The weekly demand for propane gas (in 1000s of gallons) from a particular facility is an rv ?X ?with pdf a.? ?Compute the cdf of ?X?. b.? ?Obtain an expression for the (100?p?)th percentile. What is the value of ? c.? ?Compute ?E?? ?) and ?? ?? . d.? ?If 1.5 thousand gallons are in stock at the beginning of the week and no new supply is due in during the week, how much of the 1.5 thousand gallons is expected to be left at the end of the week? [?Hint?: h(x)Let amount left when demand = ?x.? ]
ANSWER:Solution Step 1: It is given that the weekly demand for propane gas (in 1000s of gallons) from a particular facility is an rv X with pdf We have to find the cdf X 100th percentile , median , mean and variance.