The following frequency distribution shows the various levels of demand for a particular laptop computer sold by

Question:

The following frequency distribution shows the various levels of demand for a particular laptop computer sold by Costco during the last 50 business days. Determine the average number of laptops sold per day.

Number of Laptops Frequency

0 …………………….. 14

1 ……………………… 8

2 ……………………… 8

3 ……………………. 12

4 …………………….. 5

5 ……………………… 3

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...