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A journal published a study demonstrating the last name effectlong dashi.e., the tendency for consumers with last names that begin with a later letter of
A journal published a study demonstrating the "last name effect"long dashi.e., the tendency for consumers with last names that begin with a later letter of the alphabet to purchase an item before consumers with last names that begin with earlier letters. To facilitate the analysis, the researchers assigned a number, x, to each consumer based on the first letter of the consumer's last name. For example, last names beginning with "A" were assigned xequals1, last names beginning with "B" were assigned xequals2, and last names beginning with "Z" were assigned xequals26. Complete parts a through c below. Question content area bottom Part 1 a. If the first letters of consumers' last names are equally likely, find the probability distribution for x
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