SOLUTION: Did I do this question correctly? This is related to applied statistics. Click or copy and paste the link to your URL. https://app.box.com/s/y0edgre1lgb7eyubb30rr0go2hbfe7x8

Question 1020529: Did I do this question correctly? This is related to applied statistics. Click or copy and paste the link to your URL.
https://app.box.com/s/y0edgre1lgb7eyubb30rr0go2hbfe7x8
Answer by robertb(5830) (Show Source): You can put this solution on YOUR website!
You have to be careful about setting the function of which you will get the expectation, or the average amount.
We know that the r.v. Y = the amount of kerosene, in thousands of liters, in tank, at the start of the day, and
the r.v. X = thousands of liters sold during the day.
==> the function representing the amount of kerosene left in the tank at the end of the day is y-x. (Assuming no replenishment during the day.)
==> The average amount of kerosene =
=
=
=
=
=
=
=1/3 (in thousand liters)
Therefore the average amount of kerosene left in the tank at the end of the day is 1000/3 liters, or liters.
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