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a factory manager collected data on the number of equipment breakdowns …

Question

a factory manager collected data on the number of equipment breakdowns per day. from those data, she derived the probability distribution shown to the right, where w denotes the number of breakdowns on a given day. answer parts a through c.
a. determine μw and σw.
μw = .35 (type an integer or a decimal.)
σw = □ (round to three decimal places as needed.)

Explanation:

Step1: Calculate the mean $\mu_W$

The formula for the mean of a discrete random variable is $\mu_W=\sum_{w}w\times P(W = w)$.
Here, when $w = 0$, $P(W=0)=0.70$; when $w = 1$, $P(W = 1)=0.25$; when $w=2$, $P(W = 2)=0.05$.

$$ LATEXBLOCK0 $$

Step2: Calculate the variance $\sigma_{W}^{2}$

The formula for the variance of a discrete random variable is $\sigma_{W}^{2}=\sum_{w}(w-\mu_W)^{2}\times P(W = w)$.

$$ LATEXBLOCK1 $$

Step3: Calculate the standard deviation $\sigma_W$

The standard deviation is the square - root of the variance, $\sigma_W=\sqrt{\sigma_{W}^{2}}$.

$$ \sigma_W=\sqrt{0.3275}\approx0.572 $$

Answer:

$\mu_W = 0.35$, $\sigma_W\approx0.572$