Solution-What is the expected value and standard deviation

What is the expected value and standard deviation

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A major application of data mining in marketing is determining the attrition of customers. Suppose that the probability of a long-distance carrier's customer leaving for another carrier from one month to the next is 0.15. What distribution models the retention of an individual customer? What is the expected value and standard deviation?

Reference no: EM131251564

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What is the expected value and standard deviation

Reference no: EM131251564

Reference no: EM131251564

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