Examlex
Let X denote the number of brand X VCRs sold during a particular week by a certain store. The pmf of X is Seventy percent of all customers who purchase brand X VCRs also buy an extended warranty. Let Y denote the number of purchasers during this week who buy an extended warranty.
a. What is P(X = 4, Y = 2)? [Hint: This probability equals P(Y = 2/X = 4)
P(X = 4); now think of the four purchases as four trials of a binomial experiment, with success on a trial corresponding to buying an extended warranty.]
b. Calculate P(X =Y).
c. Determine the joint pmf of X and Y and then the marginal pmf of Y.
Preconventional
Relating to the earliest level of moral development, in Kohlberg's theory, where behavior is influenced by anticipation of pleasure or pain rather than by societal rules.
Conventional
Adhering to accepted standards, typical practices, or established customs.
Postconventional
A level of moral reasoning in Kohlberg's model where judgments are based on abstract principles and the value of all life.
Morality
Guidelines distinguishing between what is considered ethical and unethical or correct and incorrect actions.
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