Question

In: Statistics and Probability

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 3 years ago
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