The quantity demanded x (in thousands of pounds) of a certain brand of butter each week is a continuous random variable with probability density function What is the expected demand for this brand of butter each week?
A) 1,000 lb
B) 4,000 lb
C) 8,000 lb
D) 9,000 lb

Question

The quantity demanded x (in thousands of pounds) of a certain brand of butter each week is a continuous random variable with probability density function  What is the expected demand for this brand of butter each week?
A) 1,000 lb 
B) 4,000 lb 
C) 8,000 lb 
D) 9,000 lb

Quizplus · Accepted Answer

The Answer of The quantity demanded x (in thousands of pounds) of a certain brand of butter each week is a continuous random variable with probability density function  What is the expected demand for this brand of butter each week?
A) 1,000 lb 
B) 4,000 lb 
C) 8,000 lb 
D) 9,000 lb

The Quantity Demanded X (In Thousands of Pounds) of a Certain