Magazine Demand
1. State the problem.
We are given the probability distribution of the daily demand X for a movie magazine with values 0 through 9 and their probabilities as follows.
$$P(0)=0.08,\;P(1)=0.14,\;P(2)=0.16,\;P(3)=0.14,\;P(4)=0.12,\;P(5)=0.10,\;P(6)=0.08,\;P(7)=0.07,\;P(8)=0.07,\;P(9)=0.04$$
2. Formula and important rules.
For any event A in a discrete distribution we sum the probabilities: $P(A)=\sum_{x\in A} P(x)$.
Important rules: probabilities are nonnegative and the total sum is 1: $\sum_x P(x)=1$.
3. Part (a): Find $P(X\ge 3)$.
Use A={3,4,5,6,7,8,9} and sum the probabilities.
$$P(X\ge 3)=P(3)+P(4)+P(5)+P(6)+P(7)+P(8)+P(9)$$
$$=0.14+0.12+0.10+0.08+0.07+0.07+0.04$$
$$=0.62$$
Therefore the probability that three or more copies will be demanded is $0.62$.
4. Part (b): Find $P(2\le X\le 6)$.
Sum P(2) through P(6).
$$P(2\le X\le 6)=P(2)+P(3)+P(4)+P(5)+P(6)$$
$$=0.16+0.14+0.12+0.10+0.08$$
$$=0.60$$
Therefore the probability that the demand is at least two but not more than six is $0.60$.
5. Check: the probabilities sum to 1.
$$0.08+0.14+0.16+0.14+0.12+0.10+0.08+0.07+0.07+0.04=1.00$$
This confirms a valid distribution.