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1 Nov 2021

Given information

The expected value table of DVD's rental stores are 

Store 1 and Store(HQ) say Store(a) and store(b) respectively.

Store(a)

Store(b)

 

Step-by-step explanation

Step 1.

The total expected value of Store(a) is

0+0.50+0.48-1.53+2.80+0.2=2.45

The total expected value of Store(b) is

0+0.25+0.4+0.3+0.2+0.25=1.4

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Introductory Statistics
OER Edition, 2013
Openstax
ISBN: 9781938168208

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