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3 p(x)- 31 11 15 .19 13 07 .03 .01 1) Assuming that p(x) is the true probability

ID: 3366857 • Letter: 3

Question

3 p(x)- 31 11 15 .19 13 07 .03 .01 1) Assuming that p(x) is the true probability distribution funct what is the probability that the next customer who visits the will purchase between 2 and 5 (inclusive) items. 6-15 to 141 6-1310-7 (6.59 ): (54 2) Calculate the expected number of items purchased per hit. 3) What is the probability that a customer will complete a tra (purchase at least one item) during a hit? A: Hit 4) is It least one purchase), there is a 48% chance that this pers the mailing list for the website. What is the probabilit someone who visits the website will both join the mailing complete a transaction? (Hint: what rule from chapter 4 helpful here?) kmovwn that if a person completes a transaction (by Visits 100o complekd

Explanation / Answer

Ans:

Expected number of items purchase per hit=

Mean=0*0.31+1*0.11+2*0.15+3*0.19+4*0.13+5*0.07+6*0.03+7*0.01

=2.1

x p(x) x*p(x) 0 0.31 0 1 0.11 0.11 2 0.15 0.3 3 0.19 0.57 4 0.13 0.52 5 0.07 0.35 6 0.03 0.18 7 0.01 0.07 Total= 1 2.1