QUESTION IMAGE
Question
a restaurant has determined a probability distribution for the number of steaks that it sells in a given day:
| number sold (x) | 0 | 4 | 8 | 12 | 16 |
| probability p(x) = x | 0.21 | 0.11 | 0.35 | ? | 0.12 |
write all answers as decimals.
what is the missing probability at x = 12?
what is the probability of selling 12 steaks in a given day?
what is the probability of selling at least 8 steaks?
what is the probability of selling 4 or 12 steaks?
what is the probability of selling 20 steaks?
what is the expected number of steaks sold in a day?
what is the probability of selling at most 8 steaks?
Step1: Find missing probability
The sum of all probabilities in a probability - distribution is 1. Let the missing probability at $x = 12$ be $p$. Then $0.21+0.11 + 0.35+p + 0.12=1$. So, $p=1-(0.21 + 0.11+0.35 + 0.12)=1 - 0.79 = 0.21$.
Step2: Probability of selling 12 steaks
The probability of selling 12 steaks is the value of $P(X = 12)$, which is 0.21.
Step3: Probability of selling at least 8 steaks
$P(X\geq8)=P(X = 8)+P(X = 12)+P(X = 16)=0.35+0.21+0.12 = 0.68$.
Step4: Probability of selling 4 or 12 steaks
Since the events are mutually - exclusive, $P(X = 4\ or\ X = 12)=P(X = 4)+P(X = 12)=0.11+0.21 = 0.32$.
Step5: Probability of selling 20 steaks
Since 20 is not in the given probability distribution, $P(X = 20)=0$.
Step6: Calculate expected value
The expected value $E(X)=\sum_{i}x_{i}P(x_{i})=0\times0.21 + 4\times0.11+8\times0.35+12\times0.21+16\times0.12=0 + 0.44+2.8+2.52+1.92 = 7.68$.
Step7: Probability of selling at most 8 steaks
$P(X\leq8)=P(X = 0)+P(X = 4)+P(X = 8)=0.21+0.11+0.35 = 0.67$.
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Missing probability at $x = 12$: 0.21
Probability of selling 12 steaks: 0.21
Probability of selling at least 8 steaks: 0.68
Probability of selling 4 or 12 steaks: 0.32
Probability of selling 20 steaks: 0.00
Expected number of steaks sold in a day: 7.68
Probability of selling at most 8 steaks: 0.67