In: Statistics and Probability
The best-selling basketball sneaker of all time is the converse 8220 chuck taylor 8221 all star. suppose chuck taylor 8221's are sold in holabird sports and are available in sizes from 7 to 13. the size purchased is a random variable with probability distribution given in the table below.
x - 7, 8, 9,10,11,12,13
p(x) - 0.05, 0.08, 0.10, 0.14, 0.28, 0.21, 0.14
a. find the mean, variable, and standard deviation of the sneaker size purchased.
b. find the probability that a random selected customer buys a pair of these sneakers with size greater than one standard deviation to the right of the mean.
c. suppose three randomly selected customers each purchase a pair of these sneakers. what is the probability that exactly two of the three buy size 11 sneakers?
a)
X | P(X) | X*P(X) | X² * P(X) |
7 | 0.05 | 0.35 | 2.45 |
8 | 0.08 | 0.64 | 5.12 |
9 | 0.10 | 0.90 | 8.10 |
10 | 0.14 | 1.40 | 14.00 |
11 | 0.28 | 3.08 | 33.88 |
12 | 0.21 | 2.52 | 30.24 |
13 | 0.14 | 1.82 | 23.66 |
P(X) | X*P(X) | X² * P(X) | |
total sum = | 1 | 10.71 | 117.45 |
mean = E[X] = Σx*P(X) =
10.7100
E [ X² ] = ΣX² * P(X) =
117.4500
variance = E[ X² ] - (E[ X ])² =
2.7459
std dev = √(variance) =
1.6571
b)
P(X>µ+σ) = P(X>12.37)=P(X=13) = 0.14
c)
n=3
p=0.28
P ( X = 2 ) = C(3,2) * 0.28^2 * (1-0.28)^1 = 0.1693