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Assume the demand for shovels is deseribed by a continous random variable with the following density fonction Also still assume the store manager from the manofacturer at the beginning of the selling season 1/125 25 3x K150 0 Otherwiss Note answers below should be accurate to 2 decimal places a) Find the probability that supply is insufficient to meet demand b) What is the expected demand? c) What is the vaztiance of the expected demand?
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