Question: 1 Probability Mass Functions ( 3 0 points ) As a sales representative for a CAEE firm, your mission is to market top - notch
Probability Mass Functions points
As a sales representative for a CAEE firm, your mission is to market topnotch construction equipment
to office workers within a bustling business district. This district boasts a total of six CAEE organizations,
consisting of three major corporations and three small, local businesses, with their locations and
connecting routes outlined as depicted. Your product is of NO interest to these techoriented organizations
and they will say no to you regardless of how much you persuade you know this apriori, but alas, your
company is trying all possible ways to sell the product Being a salesman with a persistent attitude, you
adopt the following strategy:
you pick an organization at random and ask them if they want to buy your product.
If they say no you pick one of the two neighboring organizations with probabilities and
continue the process OR you give up and decide to return back with probability
You keep repeating this process until you give up and decide to return back to your
supervisor.
Let be the total number of times you ask any organization to purchase your product.
points What is the range of variable
points Derive the general formula for probability mass function of
points Verify and show that
points Does have a negativebinomial distribution? If yes, find the values of and and
use those to derive the expected value of
For this same problem, Let be the number of times you ask a big organization to purchase
your product.
points Write down all possible outcomes in which is equal to
points Derive the probability that
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