SOLUTION: A car salesman has been selling cars at the local dealership for the past 15 years. He knows that he has a .17 chance of selling a car to any person he shows a car to. Out of the
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Question 245001: A car salesman has been selling cars at the local dealership for the past 15 years. He knows that he has a .17 chance of selling a car to any person he shows a car to. Out of the next three customers he shows a car to, what is the probability he will sell a car to only the last two customers?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A car salesman has been selling cars at the local dealership for the past 15 years. He knows that he has a .17 chance of selling a car to any person he shows a car to. Out of the next three customers he shows a car to, what is the probability he will sell a car to only the last two customers?
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Assuming the sales results are independent,
P(no,no,yes) = (0.83)(0.83)(0.17) = 0.117
Cheers,
Stan H.
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