Solution-Probability distribution for number of purchases

Probability distribution for number of purchases

Reference no: EM132056742

Please show me how to solve this problem:

For? credit-card holders with one to three? cards, the joint probabilities for the number of cards owned? (X) and number of credit purchases made in a week? (Y)

Cards(Y) 0 - 1 - 2 - 3 - 4

(X)

1 - 0.06, 0.12, 0.08, 0.06, 0.04

2 - 0.02, 0.07, 0.09, 0.08, 0.07

3 - 0.01, 0.04, 0.06, 0.08, 0.12

For a person in this group who has three? cards, what is the probability distribution for number of purchases made in a? week?

Number of Purchases in Week? (Y)

0- 1 - 2 - 3 - 4

?(X) = - = - = - = - =

Round 2 decimals places as needed

Reference no: EM132056742

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Probability distribution for number of purchases

Reference no: EM132056742

Reference no: EM132056742

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