A salesman has scheduled two appointments to sell encyclopedias. His first appointment will lead to a sale with probability .3, and his second will lead independently to a sale with probability .6. Any sale made is equally likely to be either for the deluxe model, which costs $1000, or the standard model, which costs

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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A salesman has scheduled two appointments to sell encyclopedias. His first appointment will lead to a sale with probability .3, and his second will lead independently to a sale with probability .6. Any sale made is equally likely to be either for the deluxe model, which costs $1000, or the standard model, which costs $500. Determine the proba-bility mass function of X, the total dollar value of all sales. 

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