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Each Home Depot store must decide how much paint to order each month. From historical records,...

Each Home Depot store must decide how much paint to order each month. From historical records, they know that the amount of paint they sell during May is distributed as follows: there is a 14% chance demand will be 740 gallons, a 16% chance that demand will be 810, a 35% chance that demand will be 1300, and otherwise, demand will be 1500 gallons. What is the expected value of demand for paint? (please express your answer using 2 decimal places)

math   Statistics-And-Probability   
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Answer #1

0.161810 : O 351 1300 x): 014灯40 +016 * 810+0.35 지BOO+0.35% \500 二1&13-2

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