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vichka [17]
3 years ago
7

Please look at the image below for the question.

Mathematics
1 answer:
zloy xaker [14]3 years ago
8 0
The answer would be “stu”
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The CEO of a clothing company estimates that 52% of customers will make a purchase. Part A: How many customers should a salesper
4vir4ik [10]

Answer:

(a) The expected number of should a salesperson expect until she finds a customer that makes a purchase is 0.9231.

(b) The probability that a salesperson helps 3 customers until she finds the first person to make a purchase is 0.058.

Step-by-step explanation:

Let<em> </em>the random variable <em>X</em> be defined as the number of customers the salesperson assists before a customer makes a purchase.

The probability that a customer makes a purchase is, <em>p</em> = 0.52.

The random variable <em>X</em> follows a Geometric distribution since it describes the distribution of the number of trials before the first success.

The probability mass function of <em>X</em> is:

P(X=x)=(1-p)^{x}p

The expected value of a Geometric distribution is:

E(X)=\frac{1-p}{p}

(a)

Compute the expected number of should a salesperson expect until she finds a customer that makes a purchase as follows:

E(X)=\frac{1-p}{p}

         =\frac{1-0.52}{0.52}\\=0.9231

This, the expected number of should a salesperson expect until she finds a customer that makes a purchase is 0.9231.

(b)

Compute the probability that a salesperson helps 3 customers until she finds the first person to make a purchase as follows:

P(X=3)=(1-0.52)^{3}\times0.52\\=0.110592\times 0.52\\=0.05750784\\\approx 0.058

Thus, the probability that a salesperson helps 3 customers until she finds the first person to make a purchase is 0.058.

8 0
3 years ago
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