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Q2_mondayans - Theory of Probability Monday Section...

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Theory of Probability Monday Section 11.04.2011 Quiz-2 1. A large industrial firm purchases several new word processors at the end of each year, the exact number depending on the frequency of repairs in the previous year. Suppose that the number of word processors, X , that are purchased each year has the following probability distribution: x 0 1 2 3 p ( x ) 1/10 3/10 2/5 1/5 If the cost of the desired model will remain fixed at $1200 throughout this year and a discount of 50
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