Solution by Steps
step 1
To tabulate the probability distribution, we first need to calculate the total number of respondents. This is done by adding the number of respondents for each number of devices owned
step 2
The total number of respondents is calculated as: Total=32+40+12+16 step 3
The probability distribution is found by dividing the number of respondents for each number of devices by the total number of respondents
step 4
The probabilities for each number of devices owned are: P(X=1)=Total32,P(X=2)=Total40,P(X=3)=Total12,P(X=4)=Total16 Answer
The probability distribution is: P(X=1)=10032,P(X=2)=10040,P(X=3)=10012,P(X=4)=10016 Key Concept
Probability distribution of a discrete random variable
Explanation
The probability distribution lists the probabilities of all possible values of a discrete random variable.
step 5
To calculate the expected value (mean) of X, we multiply each value of X by its corresponding probability and sum these products
step 6
The expected value is: E(X)=1⋅P(X=1)+2⋅P(X=2)+3⋅P(X=3)+4⋅P(X=4) step 7
To calculate the variance of X, we need to find the expected value of X2 and then use the formula Var(X)=E(X2)−[E(X)]2 step 8
The expected value of X2 is: E(X2)=12⋅P(X=1)+22⋅P(X=2)+32⋅P(X=3)+42⋅P(X=4) step 9
The variance is calculated using the expected values: Var(X)=E(X2)−[E(X)]2 Answer
The expected value is E(X)=2.52 and the variance is Var(X)=1.2696 Key Concept
Expected value and variance of a discrete random variable
Explanation
The expected value is the average outcome if the experiment is repeated many times, while the variance measures the spread of the distribution.
step 10
To calculate the probability that at least 3 customers buy an iPad, we use the binomial probability formula
step 11
The binomial probability formula is: P(X=k)=(kn)pk(1−p)n−k where n is the number of trials, k is the number of successes, and p is the probability of success on a single trial step 12
We need to sum the probabilities for k=3 to k=12 to find the probability of at least 3 customers buying an iPad step 13
The probability is calculated as: P(X≥3)=k=3∑12(k12)(0.1)k(0.9)12−k Answer
The probability that at least 3 customers buy an iPad is approximately 0.0134
Key Concept
Binomial distribution and cumulative probability
Explanation
The cumulative probability of at least k successes in n binomial trials is the sum of the probabilities of k through n successes. step 14
To find the most likely number of customers buying an iPad, we look for the value of k that maximizes the binomial probability formula for k=0 to k=12 step 15
The most likely number of customers, also known as the mode, is typically np for a binomial distribution when np is not an integer. When np is an integer, the mode is np or np−1, whichever produces a higher probability step 16
For our case, np=12⋅0.1=1.2, so we check the probabilities for k=1 and k=2 Answer
The most likely number of customers to buy an iPad is 1.
Key Concept
Mode of a binomial distribution
Explanation
The mode is the value of k for which the binomial probability is highest.