Miranda?s Muffins sells muffins in Philadelphia. They have been baking and selling muffins in the city for 1 year. While they generally produce just enough to sell for the week, there are occasions when they bake more than they can sell, sometimes way more than they can sell, which forces them to throw the product out. Here is the data that Miranda?s Muffins has collected over the last year (52 weeks)
Number of Weeks
- What is the probability of each loss (Create a probability distribution)? (2 points)
- Calculate the variance of the muffin loss. (1 point)
- Calculate the coefficient of variance for the muffin loss. (1 point)
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Apr 19, 2020EXPERT
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