In a pizza hut, the following distribution is found for the daily demand of pizzas. Then expected daily…

In a pizza hut, the following distribution is found for the daily demand of pizzas. Then expected daily demand and variance are respectively
  1. 7.28 and 1.52
  2. 1.52 and 7.28
  3. 7.28 and 54.52
  4. 7.28 and 53

Solution

Mean $=\Sigma P_i x_i=7.28$ and variance $=\Sigma \mathrm{P}_{\mathrm{i}} \mathrm{x}_{\mathrm{i}^2}-\left(\Sigma \mathrm{P}_{\mathrm{i}} \mathrm{x}_{\mathrm{i}}\right)^2=54.52-53=1.52$

Asked in: MHT CET 2022 (05 Aug Shift 2)

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