Customers at a gas station pay with a credit card (A), debit card (B), or cash (C). Assume that successive customers make independent choices with P(A) = 0.5, P(B) = 0.1, and P(C) = 0.4. (a) Among the next 100 customers, what are the mean and variance of the number who pay with a debit card? mean customers customers2 variance Explain your reasoning. O Because we are interested in whether or not a debit card was used, we can use the binomial distribution. X = the probability that a customer used a debit card. O Because we are interested in whether or not a debit card was used, we can use the binomial distribution. X = the number of customers who use a debit card. O Because we are interested in whether or not a debit card was used, we can use the binomial distribution. X = the number of customers at the gas station. (b) Answer part (a) for the number among the 100 who don't pay with cash. mean customers variance customers 2
Customers at a gas station pay with a credit card (A), debit card (B), or cash (C). Assume that successive customers make independent choices with P(A) = 0.5, P(B) = 0.1, and P(C) = 0.4. (a) Among the next 100 customers, what are the mean and variance of the number who pay with a debit card? mean customers customers2 variance Explain your reasoning. O Because we are interested in whether or not a debit card was used, we can use the binomial distribution. X = the probability that a customer used a debit card. O Because we are interested in whether or not a debit card was used, we can use the binomial distribution. X = the number of customers who use a debit card. O Because we are interested in whether or not a debit card was used, we can use the binomial distribution. X = the number of customers at the gas station. (b) Answer part (a) for the number among the 100 who don't pay with cash. mean customers variance customers 2
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
![Customers
at a gas station pay with a credit card (A), debit card (B), or cash (C). Assume that successive customers make independent choices with P(A) = 0.5, P(B) = 0.1, and P(C) = 0.4.
(a) Among the next 100 customers, what are the mean and variance of the number who pay with a debit card?
mean
customers
customers 2
variance
Explain your reasoning.
O Because we are interested in whether or not a debit card was used, we can use the binomial distribution. X = the probability that a customer used a debit card.
O Because we are interested in whether or not a debit card was used, we can use the binomial distribution. X = the number of customers who use a debit card.
O Because we are interested in whether or not a debit card was used, we can use the binomial distribution. X = the number of customers at the gas station.
(b) Answer part (a) for the number among the 100 who don't pay with cash.
mean
customers
variance
customers 2](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8edd889e-338a-4275-872c-5b2b400b4e22%2Fc1b4fea8-71b3-46ac-9179-41b7fd0a93c4%2Fxi90glm_processed.png&w=3840&q=75)
Transcribed Image Text:Customers
at a gas station pay with a credit card (A), debit card (B), or cash (C). Assume that successive customers make independent choices with P(A) = 0.5, P(B) = 0.1, and P(C) = 0.4.
(a) Among the next 100 customers, what are the mean and variance of the number who pay with a debit card?
mean
customers
customers 2
variance
Explain your reasoning.
O Because we are interested in whether or not a debit card was used, we can use the binomial distribution. X = the probability that a customer used a debit card.
O Because we are interested in whether or not a debit card was used, we can use the binomial distribution. X = the number of customers who use a debit card.
O Because we are interested in whether or not a debit card was used, we can use the binomial distribution. X = the number of customers at the gas station.
(b) Answer part (a) for the number among the 100 who don't pay with cash.
mean
customers
variance
customers 2
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