Suppose the monthly demand for Thomson televisions has a mean of 40,000 and a standard deviation of

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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.

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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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