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What is the binomial probability that you find less than 11 clients who will buy your extended warranty c. if you present to 79 clients, and the probability of a client buying a warranty after your presentation is D. 20%? What is the binomial expected value a client buys your extended warranty if the probability is 20% and 79 E. clients are in the sample? F. G. 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.

What is the binomial probability that you find less than 11 clients who will buy your extended warranty c. if you present to 79 clients, and the probability of a client buying a warranty after your presentation is D. 20%? What is the binomial expected value a client buys your extended warranty if the probability is 20% and 79 E. clients are in the sample? F. G. 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.

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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part C D E

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 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 к 3,56 L. 1.0 M. 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 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 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 к 3,56 L. 1.0 M. 0.01 N. 0.1101 O. Cannot calculate without more information
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