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A local television station sells 15-second, 30-second, and 60-second advertising spots. Let denote the length of a randomly selected commercial appearing on this station, and suppose that the probability distribu- tion of is given by the following table:

x             15        30        60

p(x)          .1         .3         .6

a. Find the average length for commercials appearing on this station.

b. If a 15-second spot sells for $500, a 30-second spot for $800, and a 60-second spot for $1000, find the average amount paid for commercials appearing on this station. (Hint: Consider a new variable, = cost, and then find the probability distribution and mean value of y.)

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  • Category:- Statistics and Probability
  • Reference No.:- M91725898

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