What value of the threshold (alpha) should be used so that the number of clicks are maximized, but a click-through-rate of 0.45 or greater is achieved. Consider the following 10 probability values (probability of a click for an arriving visitor) for acertain publisher. There are 10 classes of visitors, and each class is equally likely.Freq of this classof visitorClick-Prob-value(p)0.050.10.200.10.20.10.250.10.10.10.300.350.40.10.450.10.50.10.550.1

Given: p Frequency of this class of visitor 0.05 0.1 0.2 0.1 0.2 0.1 0.25 0.1 0.3 0.1…

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What value of the threshold (alpha) should be used so that the number of clicks are maximized, but a click-through-rate of 0.45 or greater is achieved.

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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