A department store manager has monitored the number of complaints received per week about poor service. The probabilities for numbers of complaints in a week, established by this review, are shown in the table. Number of complaints 0 1 2 3 4 5 Probability 0.16 0.26 0.35 0.10 0.08 0.05 What is the median of complaints received per week? Please round your answer to the nearest integer. Note that the correct answer will be evaluated based on the full-precision result you would obtain using Excel.
0 | 1 | 2 | 3 | 4 | 5 | |
0.16 | 0.26 | 0.35 | 0.10 | 0.08 | 0.05 |
Add all the probability values from left to the right until you end up getting probability greater than or equal to 0.5. (i.e. 0.16+0.26+0.35= 0.77).
Similarly, Add all the probability values from right to the left until you end up getting probability greater than or equal to 0.5. (0.05+0.08+0.10+0.35=0.58).
Get Answers For Free
Most questions answered within 1 hours.