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The most important measure in any business is a successful purchase of their product. Task success is a discrete measure (0 is fail, 1 is successful purchase). The following table shows a discrete distribution across 100 clients for product purchase. Table 3 X (purchase success) P(probability purchase) v Calculate the expected value for table3? 0.05 0.2 0.3 0.45 A. Cannot calculate without more information v Calculate the discrete variance for table 3? v What is the binomial probability that you find less than C 0.0o 10 clients who will buy your extended warranty if you present to 79 clients, and the probability of a client buying a warranty after your presentation is 20%? What is the binomial expected value a client buys your extended warranty if the probability is 20% and 79 clients G. 15.80 are in the sample? B. 4.62 D. 0.91 E. 2.15 F. 0.91 H. 0.01 L 0.03 v What is the binomial standard deviation a client buys your extended warranty if the probability of buying is 20% and 79 clients are in the sample? 10/79 K. 15.64 L 12.64 M. 1.0 N. 3.56 O. 0.83

The most important measure in any business is a successful purchase of their product. Task success is a discrete measure (0 is fail, 1 is successful purchase). The following table shows a discrete distribution across 100 clients for product purchase. Table 3 X (purchase success) P(probability purchase) v Calculate the expected value for table3? 0.05 0.2 0.3 0.45 A. Cannot calculate without more information v Calculate the discrete variance for table 3? v What is the binomial probability that you find less than C 0.0o 10 clients who will buy your extended warranty if you present to 79 clients, and the probability of a client buying a warranty after your presentation is 20%? What is the binomial expected value a client buys your extended warranty if the probability is 20% and 79 clients G. 15.80 are in the sample? B. 4.62 D. 0.91 E. 2.15 F. 0.91 H. 0.01 L 0.03 v What is the binomial standard deviation a client buys your extended warranty if the probability of buying is 20% and 79 clients are in the sample? 10/79 K. 15.64 L 12.64 M. 1.0 N. 3.56 O. 0.83

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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The most important measure in any business is a successful purchase of their product. Task success is a discrete measure, (0 is fail, 1 is successful purchase). The following table shows a discrete distribution across 100 clients for product purchase. Table 3 X (purchase success) P(probability purchase) v Calculate the expected value for table3? v Calculate the discrete variance for table 3? 3 0.05 0.2 0.3 0,45 A. Cannot calculate without more information B. 4.62 v What is the binomial probability that you find less than 10 clients who will buy your exctended warranty if you present to 79 clients, and the probability of a client buying a warranty after your presentation is 20%? What is the binomial expected value a client buys your extended warranty if the probability is 20% and 79 clients G. 15.80 are in the sanmpie? C. 0.06 D. 0.91 E. 2.15 F. 0.91 H. 0.01 1 0.03 What is the binomial standard deviation a client buys your extended warranty if the probability of buying is 20% and 79 clients are in the sample? J. 10/79 K. 15.64 L 12.64 M. 1.0 N. 3.56 O. 0.83 all ansurrs
Transcribed Image Text:The most important measure in any business is a successful purchase of their product. Task success is a discrete measure, (0 is fail, 1 is successful purchase). The following table shows a discrete distribution across 100 clients for product purchase. Table 3 X (purchase success) P(probability purchase) v Calculate the expected value for table3? v Calculate the discrete variance for table 3? 3 0.05 0.2 0.3 0,45 A. Cannot calculate without more information B. 4.62 v What is the binomial probability that you find less than 10 clients who will buy your exctended warranty if you present to 79 clients, and the probability of a client buying a warranty after your presentation is 20%? What is the binomial expected value a client buys your extended warranty if the probability is 20% and 79 clients G. 15.80 are in the sanmpie? C. 0.06 D. 0.91 E. 2.15 F. 0.91 H. 0.01 1 0.03 What is the binomial standard deviation a client buys your extended warranty if the probability of buying is 20% and 79 clients are in the sample? J. 10/79 K. 15.64 L 12.64 M. 1.0 N. 3.56 O. 0.83 all ansurrs
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