Compute mean-variance and standard deviation


A bakery offers cakes with special decoration and also standard cakes. The owner has created the following probability distribution:

Sold cakes in one day

Percentage

2

10%

3

20%

4

32%

5

28%

6

10%

Calculate the mean, variance and standard deviation. Interprete the results.

Create the graph that represents the probability distribution.

Request for Solution File

Ask an Expert for Answer!!
Mathematics: Compute mean-variance and standard deviation
Reference No:- TGS0544363

Expected delivery within 24 Hours