Here's the question:
In a city there are 3 motorcycle sellers. Each seller make it's own motorcycle and sell it to people. In a day about 1000 motorcycles are sold in the city. The probability that a seller's bike would be sold is given by where n is the particular seller. Given , , , find the expected number of motorcycles sold by each seller.
I made this question. I am not sure if the question is technically correct or not. I further doubt if is a necessary condition or not.
Help me figuring it out.
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It is consistent, but incomplete. P1+P2+P3=1 is all fine; what we know is that "among the bikes that the first seller sells, it's expected that P1 of them are actually sold", and so on. We're missing the number of bikes that each seller plans to sell. However, assuming the numbers are identical, we can solve it:
Suppose each seller makes x motorcycles. Then seller i is expected to sell Pix motorcycles. In total, there are 1000 motorcycles sold, so P1x+P2x+P3x=23x=1000, giving x=32000. Thus the expected number of motorcycles sold by the first seller will be P1x=3500, and similarly with other sellers.
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Oh thank you very much! It was easier then I expected; my teacher almost took the entire lecture and couldn't figure it out.