Mathematics, 03.07.2021 01:30, dani4685

Random Variable Considerations: (1) Use a random variable for crop yield using the parameters provided (2) Use a random variable for pre-orders placed. This random variable should follow a binomial distribution (of the 2,000 customers that were interested, how many will place an order) using the probability of success dictated by the deposit level. (3) Use a random variable to pre-order picked up. This random variable should follow a binomial distribution (of the customers who placed an order, how many of them will come to complete their order) using the probability of success dictated by the deposit level.

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Random Variable Considerations: (1) Use a random variable for crop yield using the parameters provid...