The demand distribution for LED TVs is tabled here.Determine the expected demand for LED TVs in the long run using probability distribution. $$\begin{array} { | l | l | }
\hline \text { Demsnd for LED TVs } & \text { Frequency of Dccurrence in Days } \
\hline 0 & 10 \
\hline 5 & 20 \
\hline 10 & 30 \
\hline 20 & 10 \
\hline 25 & 5 \
\hline
\end{array}$$
A)10
B)9.67
C)3.45
D)8.65

Question

The demand distribution for LED TVs is tabled here.Determine the expected demand for LED TVs in the long run using probability distribution. $$\begin{array} { | l | l | } 
\hline \text { Demsnd for LED TVs } & \text { Frequency of Dccurrence in Days } \
\hline 0 & 10 \
\hline 5 & 20 \
\hline 10 & 30 \
\hline 20 & 10 \
\hline 25 & 5 \
\hline
\end{array}$$
A)10
B)9.67
C)3.45
D)8.65

Quizplus · Accepted Answer

To find the expected demand for LED TVs, we need to multiply each demand number with its corresponding frequency, add up these products and divide them by the total frequency.

Expected demand = (0x10 + 5x20 + 10x30 + 20x10 + 25x5)/75 
Expected demand = (0 + 100 + 300 + 200 + 125)/75 
Expected demand = 9.67

Therefore, the best choice is B) 9.67 as it represents the expected demand for LED TVs in the long run.

The Demand Distribution for LED TVs Is Tabled Here A)10 B)9

The Demand Distribution for LED TVs Is Tabled Here A)10
B)9