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Question
kekes kookies (https://kekekookies.com/) sells mini cookies in packs of 5 and has determined a probability distribution for the number of cookies that they sell in a given day.
| x = #sold | probability |
|----|
| 0 | 0.15 |
| 5 | 0.48 |
| 10 | 0.09 |
| 15 | ...? |
| 20 | 0.15 |
a. what is the probability of selling 15 mini cookies in a given day?
b. find the expected number of mini cookies sold in a day using the discrete probability distribution.
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Step1: Use probability - sum property
The sum of probabilities in a discrete probability distribution is 1. Let \(P(15)\) be the probability of selling 15 cookies. Then \(0.15 + 0.48+0.09 + P(15)+0.15 = 1\).
Step2: Solve for \(P(15)\)
Step3: Recall expected - value formula
The formula for the expected value \(E(X)\) of a discrete random variable \(X\) is \(E(X)=\sum_{i}x_ip_i\), where \(x_i\) are the possible values of \(X\) and \(p_i\) are their corresponding probabilities.
Step4: Calculate the expected value
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a. 0.13
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