Question
The probability distribution of a random variable X is given below:
| $\text{X}$ | $0$ | $1$ | $2$ | $3$ |
| $\text{P}(\text{X})$ | $\text{k}$ | $\frac{\text{k}}{2}$ | $\frac{\text{k}}{4}$ | $\frac{\text{k}}{8}$ |
- Determine the value of k.
- Determine $\text{P}(\text{X}\leq2)$ and $\text{P}(\text{X}\geq2)$
- Find $\text{P}(\text{X}\leq2)+\text{P}(\text{X}\geq2)$
17.50 per package on nuts and
7 per package of bolts. How many packages of each should be produced each day so as to maximise his profits if he operates his machines for at the most 12 hours a day? Form the above as a linear programming problem and solve it graphically.