Answered

Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Explore a wealth of knowledge from professionals across various disciplines on our comprehensive Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

The daily sales of a store have a probability distribution with sales of $1000, $2000, $3000, and $4000 occurring with probabilities 0.1, 0.2, 0.4, and 0.3 respectively. What is the variance of the daily sales?

Sagot :

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.