Answer: Let X denote the number of Canon digital cameras

Chapter 5, Problem 4.142

(choose chapter or problem)

Get Unlimited Answers
QUESTION:

Let X denote the number of Canon digital cameras sold during a particular week by a certain store. The pmf of X is x | 01 2 3 4 pX(x) | .1 .2 .3 .25 .15 Sixty percent of all customers who purchase these cameras also buy an extended warranty. Let Y denote the number of purchasers during this week who buy an extended warranty. a. What is P(X 4, Y 2)? [Hint: This probability equals P(Y 2X 4) P(X 4); now think of the four purchases as four trials of a binomial experiment, with success on a trial corresponding to buying an extended warranty.] b. Calculate P(X Y). c. Determine the joint pmf of X and Y and then the marginal pmf of Y.

Questions & Answers

QUESTION:

Let X denote the number of Canon digital cameras sold during a particular week by a certain store. The pmf of X is x | 01 2 3 4 pX(x) | .1 .2 .3 .25 .15 Sixty percent of all customers who purchase these cameras also buy an extended warranty. Let Y denote the number of purchasers during this week who buy an extended warranty. a. What is P(X 4, Y 2)? [Hint: This probability equals P(Y 2X 4) P(X 4); now think of the four purchases as four trials of a binomial experiment, with success on a trial corresponding to buying an extended warranty.] b. Calculate P(X Y). c. Determine the joint pmf of X and Y and then the marginal pmf of Y.

ANSWER:

Problem 4.142

Let X denote the number of Canon digital cameras sold during a particular week by a certain store. The pmf of X is

 x    | 0 1 2 3 4

pX(x) | .1 .2 .3 .25 .15

Sixty percent of all customers who purchase these cameras also buy an extended warranty. Let Y denote the number of purchasers during this week who buy an extended warranty.

a. What is P(X = 4, Y = 2)? [Hint: This probability equals P(Y= 2 X = 4) | P(X = 4); now think of the four purchases as four trials of a binomial experiment, with success on a trial corresponding to buying an extended warranty.]

b. Calculate P(X = Y).

c. Determine the joint pmf of X and Y and then the marginal pmf of Y.

        

                                                               Step by Step Solution

Step 1 of 4

Given,

Also Y given X ( the number of purchasers X that buy an extended warranty) has binomial distribution with

Add to cart


Study Tools You Might Need

Not The Solution You Need? Search for Your Answer Here:

×

Login

Login or Sign up for access to all of our study tools and educational content!

Forgot password?
Register Now

×

Register

Sign up for access to all content on our site!

Or login if you already have an account

×

Reset password

If you have an active account we’ll send you an e-mail for password recovery

Or login if you have your password back