Question

50% of visitors in an exhibition will buy book A, 30% will buy book B, and...

50% of visitors in an exhibition will buy book A, 30% will buy book B, and 20% are just looking around the exhibition. Suppose that there are 10 visitors.

a) Find the probability that if 10 visitors are in the exhibition, 4 will buy book A and 2 will buy book B.

b) Find the expected number of visitors that buy book A.

c) Find the expected number of visitors that buy book A, if 3 customers are looking around.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Problem 2 Data collected at a clinic showed that 85% of the visitors to clinic are...
Problem 2 Data collected at a clinic showed that 85% of the visitors to clinic are diagnosed with common cold. Suppose that 10 new visitors were randomly selected. (a) What is the probability that at most 9 visitors will be diagnosed with common cold. (b) What is the probability that at least 1 visitor will be diagnosed with common cold. (c) Find the average number of visitors that will be diagnosed with common cold.
Visitors arrive to an internet site according to a Poisson process with an average of 10...
Visitors arrive to an internet site according to a Poisson process with an average of 10 visitors per hour. Use this information to answer the following questions. 1.What is the probability that 12 visitors arrive in an hour? (Use 4 decimal places) 2. What is the probability that at least 20 minutes elapse between visitors to the website? (Use 4 decimal places) 3.What is the probability that at least 2 visitors come to the website in 30 minutes? (Use 4...
(A, B, & C ) Given the following table: Probability X Y 30% 25% 30% 50%...
(A, B, & C ) Given the following table: Probability X Y 30% 25% 30% 50% 15% 18% 20% 30% 20% Calculate A) the covariance of X and Y, and b&C) the next question. Select one: a. 18% b. 38% c. 74% d. 25% e. 22% 2. 2. (A, B, & C) Given the following table: Probability X Y 30% 25% 30% 50% 15% 18% 20% 30% 20% Calculate B) the correlation coefficient, C) the next question. Select one: a....
The bookstore offers a statistics textbook for $200 and a book supplement for $50. From past...
The bookstore offers a statistics textbook for $200 and a book supplement for $50. From past experience, they know about 25% of statistics students just buy the textbook while 60% buy both the textbook and supplement. a) Let random variable X represent the revenue from a single student. Write out the probability distribution of X (You don't need to draw the table. Just list the possible values and their corresponding probabilities in two separate lines). Assume no students buy the...
5 Suppose that 60 percent of customers at a McDonalds purchase a hamburger, and assume that...
5 Suppose that 60 percent of customers at a McDonalds purchase a hamburger, and assume that the purchases of different customers are independent. a) What is the probability that at most 7 of the next 10 customers will order a hamburger? b) What is the probability that exactly 6 of the next 10 customers will order a hamburger? ( c) There are 10 customers is line. Find the expected number of customers that will buy hamburgers. (
Suppose that 30% of all students who have to buy a text for a particular course...
Suppose that 30% of all students who have to buy a text for a particular course want a new copy (the successes!), whereas the other 70% want a used copy. Consider randomly selecting 15 purchasers. (a) What are the mean value and standard deviation of the number who want a new copy of the book? (Round your standard deviation to two decimal places.) mean students standard deviation     students (b) What is the probability that the number who want new copies...
Customers depart from a bookstore according to a Poisson process with a rate λ per hour....
Customers depart from a bookstore according to a Poisson process with a rate λ per hour. Each customer buys a book with probability p, independent of everything else. a. Find the distribution of the time until the first sale of a book b. Find the probability that no books are sold during a particular hour c. Find the expected number of customers who buy a book during a particular hour
Consider the following information: Project Boom (50%) Recession (50%) A $20 -$10 B -$10 $20 C...
Consider the following information: Project Boom (50%) Recession (50%) A $20 -$10 B -$10 $20 C $30 $-30 D $50 $50 What is the expected value and variance of project A.
Suppose you want to buy a restaurant. So you asked the owner what is the distribution...
Suppose you want to buy a restaurant. So you asked the owner what is the distribution of the number of customers you get each work day. The owner gave you the distribution (expected percentages) on each work day in the following table. And you observed the number of customers on each work day by yourself which are also listed as below. Day Monday Tuesday Wednesday Thursday Friday Expected 10% 10% 15% 20% 30% Observed 30 14 34 45 57 Do...
QUESTION # 1 Most exhibition shows open in the morning and close in the late evening....
QUESTION # 1 Most exhibition shows open in the morning and close in the late evening. A study of Saturday arrival times showed that the average arrival time was 3 hours and 48 minutes after the doors opened, and the standard deviation was estimated at about 58 minutes. Assume that the arrival times follow a normal distribution. (a) At what time after the doors open will 87% of the people who are coming to the Saturday show have arrived? Round...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT