In a SINGLE day I have a 60% chance of making 0 sales, 30% chance of...

In a SINGLE day I have a 60% chance of making 0 sales, 30% chance of making 1 sale

and 10% chance of making 2 sales.

(a) Write out the PDF for the number of sales made in TWO days

Solutions

Expert Solution

X	0	1	2	3	4
P(x=x)	0.36	0.36	0.21	0.06	0.01

PDF table above

Let X represent the number of sales on two days

Solution file is attached go through it

I think it's helpful

Thanks

orchestra answered 1 year ago

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