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-   -   Probability: Expected Shipping Days (https://www.askmehelpdesk.com/showthread.php?t=349155)

  • May 3, 2009, 10:41 AM
    luapillur
    Probability: Expected Shipping Days
    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?
  • May 3, 2009, 12:50 PM
    Perito

    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

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