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 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)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Question
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff72dbd1a-89a3-4722-b0fb-ff5be11bbf8a%2F3cd469c1-07bd-41af-a5d5-5df14e9d8a76%2Fpsyn5o5_processed.png&w=3840&q=75)
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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