Question: (12 points)

During its grand opening week, M&R stores offer a "wheel of discount savings". After customers select the items they wish to purchase, they spin the wheel to determine the discount they will receive. The wheel is divided into 1 0 slices. Four slices are red and award a 10% discount, three slices are white and award a 20% discount, and two slices are blue and award a 40% discount. The remaining slice is gold and awards a 100% discount!

Let t he random variable X represents the discount (%) a customer may receive

1. Construct a probability distribution table.
2. What is the expected discount for a given customer?
3. What is the standard deviation of the discount?
4. Find the probability of getting more than 30% discount?

Price: $2.99

Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document