A consumer looking to buy a used red Miata car will call dealerships until she finds a dealership that carries the car. She estimates the probability that any independent dealership will have the car will be 27%. We are interested in the number of dealerships she must call. Part (a) In words, define the Random Variable X. ○ the number of used red Miatas that a dealership carries O the number of dealerships the consumer must call until she finds a used red Miata all car dealerships in one town O the cost of a used red Miata Correct! This is a numerical measure of the outcome of the study. Part (b) List the values that X may take on. OX= 0, 1, 2, ... OX 1, 2, 3, ..., 26, 27 OX= 1, 2, 3, ... OX 1, 2, 3, ..., 98, 99, 100 Part (c) Give the distribution of X. X G 0.27 Part (d) On average, how many dealerships would we expect her to have to call until she finds one that has the car? (Round your answer to the nearest whole number.) dealerships 4 □ Part (e) Find the probability that she must call at most 7 dealerships. (Round your answer to four decimal places.)
A consumer looking to buy a used red Miata car will call dealerships until she finds a dealership that carries the car. She estimates the probability that any independent dealership will have the car will be 27%. We are interested in the number of dealerships she must call. Part (a) In words, define the Random Variable X. ○ the number of used red Miatas that a dealership carries O the number of dealerships the consumer must call until she finds a used red Miata all car dealerships in one town O the cost of a used red Miata Correct! This is a numerical measure of the outcome of the study. Part (b) List the values that X may take on. OX= 0, 1, 2, ... OX 1, 2, 3, ..., 26, 27 OX= 1, 2, 3, ... OX 1, 2, 3, ..., 98, 99, 100 Part (c) Give the distribution of X. X G 0.27 Part (d) On average, how many dealerships would we expect her to have to call until she finds one that has the car? (Round your answer to the nearest whole number.) dealerships 4 □ Part (e) Find the probability that she must call at most 7 dealerships. (Round your answer to four decimal places.)
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
please solve this problem step by step and make it quick please
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
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
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
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…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
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
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman