A factory manager collected data on the number of equipment breakdowns per day From those data, she derived the probability distribution shown in the following table, where W denotes the number of breakdowns on a given day a Determine Icirc frac14 W and Iuml W b On average, how many breakdowns occu...

a b On the average there are 025 breakdowns ...

A factory manager collected data on the number of equipment breakdowns per day. From those data, she

Question:

A factory manager collected data on the number of equipment breakdowns per day. From those data, she derived the probability shown in the following table, where W denotes the number of breakdowns on a given day.

a. Determine Î¼W and ÏƒW.
b. On average, how many breakdowns occur per day?
c. About how many breakdowns are expected during a 1-year period, assuming 250 work days per year?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...