Stats: Modeling the World Nasta Edition Grades 9-12
Stats: Modeling the World Nasta Edition Grades 9-12
3rd Edition
ISBN: 9780131359581
Author: David E. Bock, Paul F. Velleman, Richard D. De Veaux
Publisher: PEARSON
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Chapter 17, Problem 13E
To determine

To find: the number of calls would be appropriate for the researchers, until selecting a first cardholder to take the double miles incentive.

Expert Solution & Answer
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Answer to Problem 13E

20

Explanation of Solution

Given:

  P(C)=0.10P(D/C)=0.50

Formula used:

  P(CD)=P(D/C)×P(C)

  E(X)=1p

Calculation:

  P(CD)=P(D/C)×P(C)=(0.10)(0.50)=0.05

Suppose X = The number of the owner of the card who will not take the first.

Therefore, X is a geom. (0.05)

Before the first card holder is identified to take double miles of promotion, researcher will have to make the planned amount of calls,

  E(X)=1p=10.05=20

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