Mark works for an organization committed to raising money for Alzheimers

Mark works for an organization committed to raising

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14. Mark works for an organization committed to raising money for Alzheimers research.From past experience, the organization knows that about 20% of all potential donorswill agree to give something if contacted by phone. They also know that of all peopledonating, about 5% will give $100 or more. On average, how many potential donorswill he have to contact until she gets her first $100 donor or more. 8
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conditional distribution of X, given that X ≥ 1, is called a truncated Poissondistribution a.Find E(X|X ≥ 1)b.Find Var(X|X ≥ 1). 9
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  • Summer '18
  • Sagar Arora

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