TP computer owners are very faithful. Despite reporting problems with their current systems, 91% of TP owners
Question:
TP computer owners are very faithful. Despite reporting problems with their current systems, 91% of TP owners said they would buy another computer from the company, based on the service they received. Suppose you randomly select 3 current Dell computer users and ask them whether they would buy another TP computer system.
a. Find the probability distribution for x, the number of Dell users in the sample of three who would buy another Dell computer.
b. Construct the probability histogram for p(x).
c. What is the probability that exactly one of the three would buy another Dell computer?
d. Compute for the expected value of x and its standard deviation.
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan