A TV Salesman sells TVs on Sat and Sunday. The probability of selling TVs on Sunday is dependent on the probability of selling TVs on Sat. There is a 2/3 chance that the 500 TVs are sold on Sat. There is a 1/3 chance that 3000 TVs are sold on Sat. If 500 TVs are sold on Sat, then the salesman will sell 500 or 2,000 TVs on Sunday with probabilities 3/4 and 1/4 respectively. On the other hand, if 3000 TVs are sold on Sat, then either 500 or 3000 TVs will be sold on Sunday with probabilities 1/4 and 3/4 respectively.
What is the probability the salesman will sell exactly 4,000 over both Saturday and Sunday sales combined?
a) 0
b) 1/4
c) 1/2
d) 3/4
e) None of the above
OA after some discussion
What is the probability the salesman will sell exactly 4,000 over both Saturday and Sunday sales combined?
a) 0
b) 1/4
c) 1/2
d) 3/4
e) None of the above
OA after some discussion
Last edited by satsriakal on Sun Feb 17, 2013 8:13 pm, edited 1 time in total.
