A salesman of small-business computer systems will contact four customers during a week. Each contact can result

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A salesman of small-business computer systems will contact four customers during a week. Each contact can result in either a sale, with probability .3, or no sale, with probability .7.

Assume that customer contacts are independent.

(a) List the elementary outcomes and assign probabilities.

(b) If X denotes the number of computer systems sold during the week, obtain the probability distribution of X.

(c) Calculate the expected value of X.

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Statistics Principles And Methods

ISBN: 9780470409275

6th Edition

Authors: Richard A. Johnson

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Question Posted: Sep 19, 2024 03:01 PM

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A salesman of small-business computer systems will contact four customers during a week. Each contact can result

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Statistics Principles And Methods

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