SOLUTION: Suppose the probability of making a sale on any given telephone call is 0.23. Find the probability that the first sale on any given day will occur on the fourth or fifth sales call
Algebra
.Com
Question 871139
:
Suppose the probability of making a sale on any given telephone call is 0.23. Find the probability that the first sale on any given day will occur on the fourth or fifth sales call.
Answer by
ewatrrr(24785)
(
Show Source
): You can
put this solution on YOUR website!
Hi
p(sale) = .23, n = 5
P(x ≥ 4) = 1 - binomcdf(5, .23, 3) = .0114
RELATED QUESTIONS
Assume the probability that you will make a sale on any given telephone call is 0.150.15.
(answered by
Boreal
)
Find the indicated probabilities using the geometric distribution, the Poisson...
(answered by
ikleyn,greenestamps
)
Find the indicated probabilities using the geometric distribution, the...
(answered by
robertb
)
Find the indicated probabilities using the geometric distribution, the Poisson...
(answered by
greenestamps
)
Please help me solve thhis question: A salesperson has a policy of calling upon a...
(answered by
Theo
)
Suppose that 2500 customers subscribe to a telephone exchange. There are 80 trunk lines...
(answered by
CPhill
)
A salesperson has a policy of calling upon a customer a second time if she does not make...
(answered by
mathmate
)
A telemarketer makes 3 calls at random. The chance of making a sale on each call is 0.10.
(answered by
stanbon
)
a salesman has 60% chance of making sale to a customer . i a given hour there 3...
(answered by
Boreal
)