Solved: Suppose the monthly demand for thomson televisions has a, Basic Statistics

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Suppose the monthly demand for thomson televisions has a

Question: Suppose the monthly demand for Thomson televisions has a mean of 40,000 and a standard deviation of 20,000. Find the mean and standard deviation of the annual demand for Thomson TVs. Assume that demands in different months are probabilistically independent. (Is this assumption realistic?)

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Basic Statistics: Suppose the monthly demand for thomson televisions has a

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