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Problem 2 Suppose that a cellular plan costs 20 per month .pdf

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Problem 2) Suppose that a cellular plan costs $20 per month with 30 minutes of use included and that each additional minute of use costs $0.50. If the number of minutes you use in a month is a geometric random variable M with an expected value of E[M]=1/p=30 minutes, what is the PMF of C, the cost of the plan for one month?.

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Problem 2) Suppose that a cellular plan costs $20 per month with 30 minutes of use included and that each additional minute of use costs $0.50. If the number of minutes you use in a month is a geometric random variable M with an expected value of E[M]=1/p=30 minutes, what is the PMF of C, the cost of the plan for one month?

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  • 1. Problem 2) Suppose that a cellular plan costs $20 per month with 30 minutes of use included and that each additional minute of use costs $0.50. If the number of minutes you use in a month is a geometric random variable M with an expected value of E[M]=1/p=30 minutes, what is the PMF of C, the cost of the plan for one month?