Question 2
Ms Greenaway sells mangoes at a roundabout in her town. On any given day, the probability of Ms Greenaway selling 0 mangoes is 0.1, the probability of Ms Greenaway selling 1 mango is 0.7 and the probability of Ms Greenaway selling 2 mangoes is 0.2.
(a) Construct the probability distribution table for Ms Greenaway’s mango sales. [3 mark]
(b) Calculate Ms Greenaway’s expected daily mango sales and the standard deviation of Ms Greenaway’s daily mango sales.
Let X = the number of mangoes sale by the Ms Greenaway
From the given information X takes values as 0, 1, 2 with probabilities 0.1, 0.7 and 0.2 respectively.
So the the probability distribution table for Ms Greenaway’s mango sales is as follow:
X | P(X =x) |
0 | 0.1 |
1 | 0.7 |
2 | 0.2 |
Total | 1 |
b) The formula of expected value of X is
So, E(X) = 0*0.1 + 1*0.7 + 2 * 0.2 = 0.7 + 0.4 = 1.1 mangoes.
The formula of standard deviation is as
E(X2 ) = 02 *0.1 + 12 *0.7 + 22 *0.2 = 0+ 0.7 + 0.8 = 1.5
So that the standard deviation of X is
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