Question: The probability distribution of the weekly demand for copier paper

The probability distribution of the weekly demand for copier paper (in hundreds of reams) used in the duplicating center of a corporation is provided in the file S04_58.xlsx. Assuming that it costs the duplicating center $5 to purchase a ream of paper, find the mean and standard deviation of the weekly copier paper cost for this corporation.


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  • CreatedApril 01, 2015
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