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luapillur
May 3, 2009, 10:41 AM
A shipping department will deliver a product in one, two, three, or four days. What is the expected number of days given that the probability day one is .18, day 2 is .27, day 3 is .48?

Perito
May 3, 2009, 12:50 PM
Probability of
1 Day is 0.18
2 Day is 0.27
3 Day is 0.48
4 Day is 1-0.48-0.27-0.18=0.07

I think you're after the mode: 3 Days