Question

The daily demand for fresh milk ranges from 0 to 5 gallons. The grocery store offers the milk in a special 1 gallon bottle that will be discarded after a day. Each gallon costs AED 2 to make and is sold for AED 5. The daily demand for milk varies according to the following distribution:

x	p(x)
0	0.05
1	0.20
2	0.40
3	0.20
4	0.10
5	0.05

How many gallons of juice should the store make each day?

Note : The Answers should be in Excel or Word Format

Answer 1

SOLUTION;-

BY USING EXCEL