3-23. A disk drive manufacturer sells storage devices with capacities of one terabyte, 500 gigabytes, and 100 gigabytes with probabilities 0.5, 0.3, and 0.2, respectively. The revenues associated with the sales in that year are estimated to be $50 million, $25 million, and $10 million, respectively. Let X denote the revenue of storage devices during that year. Determine the probability mass function of X.
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- One terabyte = 1000 gigabytes - 500 gigabytes = 500 gigabytes - 100 gigabytes = 100 gigabytes ** Show more…
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A disk drive manufacturer sells storage devices with capacities of one terabyte, 500 gigabytes, and 100 gigabytes with probabilities $0.5,0.3,$ and $0.2,$ respectively. The revenues associated with the sales in that year are estimated to be $\$ 50$ million, $\$ 25$ million, and $\$ 10$ million, respectively. Let $X$ denote the revenue of storage devices during that year. Determine the probability mass function of $X$.
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