A new intern was asked to estimate a prob- ability distribution for the number of items purchased by customers entering one of the company's retail stores. The intern analyzed the data and decided that the negative bino- mial distribution was the appropriate prob- ability distribution to use. The intern used the parameter 3 = q/p, and determined that r = B. hs The intern's mentor reviewed the analysis and pointed out that the r parameter ap- peared to be correct but ß is wrong. The in- tern's model indicates that 1/9 of customers make no purchases but in fact 4/9 of cus- tomers make no purchases. Calculate the variance of the corrected negative binomial distribution.

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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A new intern was asked to estimate a prob-
ability distribution for the number of items
purchased by customers entering one of the
company's retail stores. The intern analyzed
the data and decided that the negative bino-
mial distribution was the appropriate prob-
ability distribution to use. The intern used
the parameter 3 = q/p, and determined that
r = B.
The intern's mentor reviewed the analysis
and pointed out that the r parameter ap-
peared to be correct but ß is wrong. The in-
tern's model indicates that 1/9 of customers
make no purchases but in fact 4/9 of cus-
tomers make no purchases. Calculate the
variance of the corrected negative binomial
distribution.
Your response...
Previous Responses
X #1.3.515
X #2.5.76
X #3.1.8
X #4. 3.52
X #5. 3.5
PALETTE
Transcribed Image Text:A new intern was asked to estimate a prob- ability distribution for the number of items purchased by customers entering one of the company's retail stores. The intern analyzed the data and decided that the negative bino- mial distribution was the appropriate prob- ability distribution to use. The intern used the parameter 3 = q/p, and determined that r = B. The intern's mentor reviewed the analysis and pointed out that the r parameter ap- peared to be correct but ß is wrong. The in- tern's model indicates that 1/9 of customers make no purchases but in fact 4/9 of cus- tomers make no purchases. Calculate the variance of the corrected negative binomial distribution. Your response... Previous Responses X #1.3.515 X #2.5.76 X #3.1.8 X #4. 3.52 X #5. 3.5 PALETTE
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