1. An electronic store salesperson estimates the probabilities for the number of flat screen smart TV sets sold in a week as follows: number sold (x) p(x) a) b) c) + d) 0 0.05 1 I 0.30 2 0.40 3 0.10 4 0.10 Assume that the number of sales in one week is independent of the number in any other. What is the probability, for a given week, that fewer than 3 flat screen smart TVs will be sold? Find the expected number of flat screen smart TVs sold in a week. Find the standard deviation of the number of flat screen smart TVs sold in a week. The salesperson receives a weekly salary of $600, plus a commission of $60 for each flat screen smart TV sold. Find the expected value of the total amount the salesperson will receive each week. Find the standard deviation of the total weekly amount. 5 0.05
1. An electronic store salesperson estimates the probabilities for the number of flat screen smart TV sets sold in a week as follows: number sold (x) p(x) a) b) c) + d) 0 0.05 1 I 0.30 2 0.40 3 0.10 4 0.10 Assume that the number of sales in one week is independent of the number in any other. What is the probability, for a given week, that fewer than 3 flat screen smart TVs will be sold? Find the expected number of flat screen smart TVs sold in a week. Find the standard deviation of the number of flat screen smart TVs sold in a week. The salesperson receives a weekly salary of $600, plus a commission of $60 for each flat screen smart TV sold. Find the expected value of the total amount the salesperson will receive each week. Find the standard deviation of the total weekly amount. 5 0.05
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![$
1. An electronic store salesperson estimates the probabilities for the number of flat screen smart TV
sets sold in a week as follows:
number sold (x)
p(x)
a)
b)
c)
d)
9
2
(to be sut nitted online on BrightSpace)
STAT2507A - November 4th, 2022 (to be submitted in-person to the Instructor)
e)
W
+
3
E
Assume that the number of sales in one week is independent of the number in any other.
What is the probability, for a given week, that fewer than 3 flat screen smart TVs will be sold?
Find the expected number of flat screen smart TVs sold in a week.
Find the standard deviation of the number of flat screen smart TVs sold in a week.
The salesperson receives a weekly salary of $600, plus a commission of $60 for each flat
screen smart TV sold. Find the expected value of the total amount the salesperson will receive
each week.
Find the standard deviation of the total weekly amount.
0
0.05
80
$
4
a
F4
R
do 50
1
0.30
%
16
F5
I
T
^
6
P
Fo
2
0.40
Y
&
7
F7
U
3
0.10
24
8
G-II
FB
1
4
0.10
9
FO
O
4
5
0.05
F10
I
-
-
P
qi
PI
I
=](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fec91676c-ba1d-4d34-91e5-5b18b3249299%2F7fe31951-751d-4cab-9490-47645626ac0e%2Fddqeu2n_processed.jpeg&w=3840&q=75)
Transcribed Image Text:$
1. An electronic store salesperson estimates the probabilities for the number of flat screen smart TV
sets sold in a week as follows:
number sold (x)
p(x)
a)
b)
c)
d)
9
2
(to be sut nitted online on BrightSpace)
STAT2507A - November 4th, 2022 (to be submitted in-person to the Instructor)
e)
W
+
3
E
Assume that the number of sales in one week is independent of the number in any other.
What is the probability, for a given week, that fewer than 3 flat screen smart TVs will be sold?
Find the expected number of flat screen smart TVs sold in a week.
Find the standard deviation of the number of flat screen smart TVs sold in a week.
The salesperson receives a weekly salary of $600, plus a commission of $60 for each flat
screen smart TV sold. Find the expected value of the total amount the salesperson will receive
each week.
Find the standard deviation of the total weekly amount.
0
0.05
80
$
4
a
F4
R
do 50
1
0.30
%
16
F5
I
T
^
6
P
Fo
2
0.40
Y
&
7
F7
U
3
0.10
24
8
G-II
FB
1
4
0.10
9
FO
O
4
5
0.05
F10
I
-
-
P
qi
PI
I
=
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![Elementary Statistics: Picturing the World (7th E…](https://www.bartleby.com/isbn_cover_images/9780134683416/9780134683416_smallCoverImage.gif)
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
![The Basic Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319042578/9781319042578_smallCoverImage.gif)
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
![Introduction to the Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319013387/9781319013387_smallCoverImage.gif)
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman