document.write( "Question 1176709: a salesman has a 20% probability of making a sale to any customer who enters his department. non a typical day, he will meet 30 customers. what minimum number of sales will he have an 88% certainly of making for any given day. \n" ); document.write( "
Algebra.Com's Answer #803992 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! binomial with n=30 and p=0.2 \n" ); document.write( "Expected mean is 6 \n" ); document.write( "expected variance is 4.8 (6*0.8) \n" ); document.write( "expected sd is sqrt (V) or 2.19 \n" ); document.write( "p(0 sales) is 0.8^30=0.0012 \n" ); document.write( "p(1)=0.8^29*0.2*30=0.0093 \n" ); document.write( "p(2)=0.8^28*0.2^2*30C2=0.0337 \n" ); document.write( "p(3)=0.8^27*0.2^3*30C3=0.0785 \n" ); document.write( "p(4) from calculator is 0.1325 \n" ); document.write( "It would be 3 with a probability the sum of the first four, which is 0.1227 \n" ); document.write( " \n" ); document.write( " |