document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=948387>Question 948387</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 1.	On Thursday, Green is expecting to receive one package [package A] containing $100 worth of clothing. Based on her past experience with the delivery service, Green estimates that this package has 20% of chance of being lost in shipment. <BR>\n" );
document.write( "a)	What is the mutually exclusive event in this case? [1 point] <BR>\n" );
document.write( "b)	What is the random variable in this case? [1 point] <BR>\n" );
document.write( "c)	Derive the probability distribution for total losses. Note that is total losses, not number of losses. Make sure that you label your table correctly. [2 points]<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #578871 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=578871\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 1. On Thursday, Green is expecting to receive one package [package A] containing $100 worth of clothing. Based on her past experience with the delivery service, Green estimates that this package has 20% of chance of being lost in shipment. <BR>\n" );
document.write( "a) What is the mutually exclusive event in this case? [1 point]<BR>\n" );
document.write( "The package is either lost or not lost.<BR>\n" );
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document.write( "b) What is the random variable in this case? [1 point]<BR>\n" );
document.write( "Value received by the recepient of the package.<BR>\n" );
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document.write( "c) Derive the probability distribution for total losses. Note that is total losses, not number of losses. Make sure that you label your table correctly. [2 points]<BR>\n" );
document.write( "P(lose $100) = 0.2 : P(gain $100) = 0.8<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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document.write( "  </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );