Question: t p(t) Pr{T < or = t} 12 0.05 0.05 13 0.10 0.15 14 0.25 0.40 15 0.35 0.75 16 0.15 0.90 17 0.10 1.00

t	p(t)	Pr{T< or = t}
12	0.05	0.05
13	0.10	0.15
14	0.25	0.40
15	0.35	0.75
16	0.15	0.90
17	0.10	1.00

The probabilities for different delivery times of an item are given in the table above. Find the expected delivery date of the item. Also, find the lead-time required to provide an expected delivery date one day less than the desired delivery date.

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