Purchase an ordinary television set

Assignment Help Basic Statistics
Reference no: EM131005622

1. A television store owner ?gures that 50 percent of the customers entering his store will purchase an ordinary television set, 20 percent will purchase a color television set, and 30 percent will just be browsing. If ?ve customers enter his store on a certain day, what is the probability that two customers purchase color sets, one customer purchases an ordinary set, and two customers purchase nothing?

2. In Exercise 20, what is the probability that our store owner sells three or more televisions on that day?

Reference no: EM131005622

Questions Cloud

Demonstrate knowledge of the social model of health : What are the social determinants of health that are evident in the case study - select one of these social determinants and describe the best way(s) to address this issue in order to have an impact on the whole of population?
Independent ?ips of a coin : Consider n independent ?ips of a coin having probability p of landing heads. Say a changeover occurs whenever an outcome differs from the one preceding it. For instance, if the results of the ?ips are H H T H T H H T, then there are a total of ?ve..
Procedure that continues to ?ip the coin : Could we use a simpler procedure that continues to ?ip the coin until the last two ?ips are different, and then sets X = 0 if the ?nal ?ip is a head, and sets X = 1 if it is a tail?
Increase in the price of concessions at the movie theater : Explain what would happen to the price and sales in the movie theater ticket prices if the following occur: (1) a decrease in the price of DVD rentals, (2) Increase in the price of concessions at the movie theater and (3) Increase in theater worker's..
Purchase an ordinary television set : 1. A television store owner ?gures that 50 percent of the customers entering his store will purchase an ordinary television set, 20 percent will purchase a color television set, and 30 percent will just be browsing. If ?ve customers enter his stor..
Analyse the data provided by israel tobin : Analyse the data provided by Israel Tobin (refer to Topic 2 CERA tables of transitional matrix) to determine whether there is likely to be a surplus or a shortage in staffing in each job category in the Civil Engineering Division
Binomially distributed with parameters : 1. Let X be binomially distributed with parameters n and p. Show that as k goes from 0 to n, P(X = k) increases monotonically, then decreases monotonically reaching its largest value
A markets demand and supply functions : A markets demand and supply functions are as follows: QD=90-2P and Qs=2p-10. Determine the equilibrium price and quantity. Assume the government imposes a price restriction which states that the price cannot be less than $30 per unit. Calculate the s..
Determine the probability mass function : 1. Suppose a coin having probability 0.7 of coming up heads is tossed three times. Let X denote the number of heads that appear in the three tosses. Determine the probability mass function of X.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Explain t sest for independent means

The the steps of hypothesis testing b) sketch the distribution involved, and c) explain your answer to someone who is familiar with the t test for a single sample but not with the t sest for independent means.

  What is the probability that the average fracture strength

the fracture strength of tempered glass averages 14 measured in thousands of pounds per square inch and has standard

  The average 1-ounce chocolate chip cookie contains 110

question the average 1-ounce chocolate chip cookie contains 110 calories. a random sample of 15 different brands of

  A previous study found a standard deviation of four hours

a medical devices company wants to know the number of hours their mri machines are used per day. a previous study found

  Collect a data set with two related variables you can

1. collect a data set with two related variables. you can create your own data set or can download a data set from a

  Determine an approximate confidence interval

If pX (respectively, pY ) is the true proportion of times the first (respectively, the second) cleaner is successful at removing the specific stain, determine an approximate 95% confidence interval for pX - pY .

  It is thought that the application of a plasma coating that

it is thought that the application of a plasma coating that conatins submicron particles of tungsten carbide will

  The students may not have responded honestly

A study compared colleges that tested for drugs with colleges that did not, finding similar levels of students using drugs in each. State a potential lurking variable that could affect the results of a study.

  What test statistic should be used

Consider a sample of size 5 from a normal population with a variance of 5 and a mean of zero under the null hypothesis. Find the critical values for a 0.05 two-sided significance test of the mean equals zero versus the mean dif- fers from zero.

  Hypothesis test using p-value

write down the hypothesis the test used the p-value and the interpretation then hand calculates a 95% CL for the odds ratio estimate on this last test.

  Use relative frequencies to estimate the probability

Use relative frequencies to estimate the probability that a seed will not germinate. What is your estimate? Use relative frequencies to estimate the probability that a seed will not germinate.

  Descriptive and inferential statistics

The differences and similarities between descriptive and inferential statistics will also be examined with examples provided for each.

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