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...


The most important measure in any business is a successful purchase of their product. Task success is a discrete measure, (0 is<br>fail, 1 is successful purchase). The following table shows a discrete distribution across 100 clients for product purchase.<br>Table 3<br>X (purchase success)<br>P(probability purchase)<br>v Calculate the expected value for table3?<br>v Calculate the discrete variance for table 3?<br>3<br>0.05<br>0.2<br>0.3<br>0,45<br>A. Cannot calculate without more information<br>B. 4.62<br>v What is the binomial probability that you find less than<br>10 clients who will buy your exctended warranty if you<br>present to 79 clients, and the probability of a client<br>buying a warranty after your presentation is 20%?<br>What is the binomial expected value a client buys your<br>extended warranty if the probability is 20% and 79 clients G. 15.80<br>are in the sanmpie?<br>C. 0.06<br>D. 0.91<br>E. 2.15<br>F. 0.91<br>H. 0.01<br>1 0.03<br>What is the binomial standard deviation a client buys<br>your extended warranty if the probability of buying is<br>20% and 79 clients are in the sample?<br>J. 10/79<br>K. 15.64<br>L 12.64<br>M. 1.0<br>N. 3.56<br>O. 0.83<br>all ansurrs<br>

Extracted 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 3 X (purchase success) P(probability purchase) v Calculate the expected value for table3? v Calculate the discrete variance for table 3? 3 0.05 0.2 0.3 0,45 A. Cannot calculate without more information B. 4.62 v What is the binomial probability that you find less than 10 clients who will buy your exctended warranty if you present to 79 clients, and the probability of a client buying a warranty after your presentation is 20%? What is the binomial expected value a client buys your extended warranty if the probability is 20% and 79 clients G. 15.80 are in the sanmpie? C. 0.06 D. 0.91 E. 2.15 F. 0.91 H. 0.01 1 0.03 What is the binomial standard deviation a client buys your extended warranty if the probability of buying is 20% and 79 clients are in the sample? J. 10/79 K. 15.64 L 12.64 M. 1.0 N. 3.56 O. 0.83 all ansurrs

Jun 08, 2022
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