A Store Is Offering a Discount on 800 Pairs of Basketball

question 23

Essay

A store is offering a discount on 800 pairs of basketball shoes. The amount of the discount varies and is not revealed to the customer until checkout. The distribution of discounts is given in the below table. $$\begin{array}{l}\begin{array} { c c } \text { Discount Rate (\%) }&\text {Number of Tags }\\5 & 250 \\20 & 220 \\35 & 120 \\50 & 80 \\65 & 70 \\90 & 60\end{array}\end{array}$$ Use the negative binomial distribution to approximate the average number of pairs of shoes that a customer has to buy before purchasing two pair with a discount of at least 50%.

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Definitions:

Phadke And Anandh

A reference that may denote individuals, likely scholars or researchers, known for their collaborative work or study, although without specific context, the precise nature of their contribution or field remains unclear.

Selling Organs

The act of trading human organs, such as kidneys or livers, for money or other benefits, often considered unethical or illegal in many jurisdictions.

Market Approach

A strategy or philosophy that emphasizes free-market competition and consumer choice as the best way to allocate resources, promote efficiency, and foster innovation and economic growth.

Rights

Entitlements or privileges granted to individuals, typically by law or social agreement, which are considered fundamental to human dignity and social functioning.