document.write( "Question 189825: An insurance agent has appointments with four prospective clients tomorrow. From past experience, the agent knows that the probability of making a sale on any appointment is1 out of 5. Using the rules of probability, what is the likelihood that the agent will sell a policy to 3 of the 4 prospective clients? \n" ); document.write( "
Algebra.Com's Answer #142441 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! An insurance agent has appointments with four prospective clients tomorrow. From past experience, the agent knows that the probability of making a sale on any appointment is 1 out of 5. Using the rules of probability, what is the likelihood that the agent will sell a policy to 3 of the 4 prospective clients? \n" ); document.write( "----------------------------------- \n" ); document.write( "It's binomial with n=4, p=1/5, x = 3 \n" ); document.write( "Can you take it from there? \n" ); document.write( "------------------ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H \n" ); document.write( " |