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The most important measure in any business is a successful purchase of their product. Task success is a discrete measure (0 is fail, 1 is successful purchase). The following table shows a discrete distribution across 100 clients for product purchase. Table 4 X (purchase success) P(probability purchase) - v Calculate the expected value for table4? 0.1 0.3 0.2 0.4 A. 0.0625 v Calculate the discrete variance for table 4? B. 1.04 v What is the binomial probability that you find less than 11 clients who will buy your extended warranty C. 1.90 if you present to 79 clients, and the probability of a client buying a warranty after your presentation is 20%? D. 2 v What is the binomial expected value a client buys your extended warranty if the probability is 20% and 7g E. 4.620 clients are in the sample? F. 1.09 G. 15.80 What is the binomial variance when a client buys your extended warranty if the probability of buying is 20% and 79 clients are in the sample? H. 12.64 1. 0.91 | 10/79

The most important measure in any business is a successful purchase of their product. Task success is a discrete measure (0 is fail, 1 is successful purchase). The following table shows a discrete distribution across 100 clients for product purchase. Table 4 X (purchase success) P(probability purchase) - v Calculate the expected value for table4? 0.1 0.3 0.2 0.4 A. 0.0625 v Calculate the discrete variance for table 4? B. 1.04 v What is the binomial probability that you find less than 11 clients who will buy your extended warranty C. 1.90 if you present to 79 clients, and the probability of a client buying a warranty after your presentation is 20%? D. 2 v What is the binomial expected value a client buys your extended warranty if the probability is 20% and 7g E. 4.620 clients are in the sample? F. 1.09 G. 15.80 What is the binomial variance when a client buys your extended warranty if the probability of buying is 20% and 79 clients are in the sample? H. 12.64 1. 0.91 | 10/79

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The most important measure in any business is a successful purchase of their product. Task success is a discrete measure (0 is fail, 1 is successful purchase). The following table shows a discrete distribution across 100 clients for product purchase. Table 4 ((purchase success) P(probability purchase) v Calculate the expected value for table4? 0.1 0.3 |0.2 0.4 A. 0.0625 Calculate the discrete variance for table 4? B. 1.04 v What is the binomial probability that you find less than 11 clients who will buy your extended warranty C. 1.90 if you present to 79 clients, and the probability of a client buying a warranty after your presentation is 20%? D. 2 v What is the binomial expected value a client buys your extended warranty if the probability is 20% and 79 E. 4.620 clients are in the sample? F. 1.09 G. 15.80 v What is the binomial variance when a client buys your extended warranty if the probability of buying is 20% and 79 clients are in the sample? H. 12.64 1. 0.91 J. 10/79 K. 3.56 L. 1.0 М.0.01 N. 0.1101 O. Cannot calculate without more information
Transcribed Image Text:The most important measure in any business is a successful purchase of their product. Task success is a discrete measure (0 is fail, 1 is successful purchase). The following table shows a discrete distribution across 100 clients for product purchase. Table 4 ((purchase success) P(probability purchase) v Calculate the expected value for table4? 0.1 0.3 |0.2 0.4 A. 0.0625 Calculate the discrete variance for table 4? B. 1.04 v What is the binomial probability that you find less than 11 clients who will buy your extended warranty C. 1.90 if you present to 79 clients, and the probability of a client buying a warranty after your presentation is 20%? D. 2 v What is the binomial expected value a client buys your extended warranty if the probability is 20% and 79 E. 4.620 clients are in the sample? F. 1.09 G. 15.80 v What is the binomial variance when a client buys your extended warranty if the probability of buying is 20% and 79 clients are in the sample? H. 12.64 1. 0.91 J. 10/79 K. 3.56 L. 1.0 М.0.01 N. 0.1101 O. Cannot calculate without more information
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