document.write( "Question 664071: I am a salesperson & I close on 70% of all my sales. If I call on 4 sales, what is the probability that I will close on 3 of the 4 sales? \n" ); document.write( "
Algebra.Com's Answer #852492 by ikleyn(52957) You can put this solution on YOUR website! . \n" ); document.write( "I am a salesperson & I close on 70% of all my sales. If I call on 4 sales, what is the probability \n" ); document.write( "that I will close on 3 of the 4 sales? \n" ); document.write( "~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " In the post by @Theo, there are too many words and too many excessive calculations.\r \n" ); document.write( "\n" ); document.write( " It is not a mathematical style solving and not a good style teaching.\r \n" ); document.write( "\n" ); document.write( " I came to provide a solution in the form as it should be done and presented.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \r\n" ); document.write( "This problem is on Binomial distribution.\r\n" ); document.write( "\r\n" ); document.write( "The number of trials is 4. The probability of a success at each individual trial is p = 0.7.\r\n" ); document.write( "\r\n" ); document.write( "They want you find the probability of having 3 success in 4 trials.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "Use the formula for binomial distribution\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " P(n=4; k=3; p=0.7) =\r \n" ); document.write( "\n" ); document.write( "Solved.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "As you solve your problems on Binomial distribution, when you treat this given problem \n" ); document.write( "among many others problems of this topic, two moments are important: \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " (a) to recognize from the text that this given problem is on Binomial distribution, \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " and\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " (b) to apply an appropriate formula of the binomial distribution.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "These are the key. The rest is pure mechanical job for a calculator.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |