Construct the probability distribution for Y

Assignment Help Basic Statistics
Reference no: EM131745572

Question - Marketing and Consumer Behavior Twinkies are an American tradition, sold for over 83 years, originating in a Chicago bakery, and forever linked to legal lingo. (You may have read about the "Twinkie defense," associated with a 1979 murder trial in San Francisco.) Approximately 12% of households in the United States buy Twinkies.

Suppose four households are selected at random and let Y be the total number of households that buy Twinkies.

Construct the probability distribution for Y. Write a Solution Trail for this problem.

What is the probability that at least one household buys Twinkies?

Suppose at least two households buy Twinkies. What is the probability that all four households buy Twinkies?

Reference no: EM131745572

Questions Cloud

Discuss south-western federal taxation : The following information was taken from the LLCs income statement for the current year: Revenues:Fees and commissions
Pine mountain furniture database description : Pine Mountain Furniture Database Description-Embed foreign keys as appropriate to relate the tables together. Write “FK” next to foreign keys.
What is the benefit of a particular evolutionary trait : What is the benefit of a particular evolutionary trait as related to humans? You choose the trait. How are we different from our ancestors?
What your ancestors would have eaten : Other animals besides humans can control their eating in nature. Consider what your ancestors would have eaten and what you put on your plate.
Construct the probability distribution for Y : Suppose four households are selected at random and let Y be the total number of households that buy Twinkies. Construct the probability distribution for Y
Various cost behavior in management decision making : Business is booming for the Majestic Ocean Kayaking company as more American are deciding to vacation at home instead of abroad
Summarize the purpose of views and indexes : Summarize the purpose of views and indexes. Why are indexes and views important to an organization?
Is x discrete or continuous justify your answer : Let X be the number of women who take an aspirin daily. Is X discrete or continuous? Justify your answer
What is the balance in bangles investment in sleat : What is the balance in Bangle's "Investment in Sleat" account at December 31, 2006

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd