SOLUTION: Assume the probability that you will make a sale on any given telephone call is 0.150.15. Find the probability that you​ (a) make your first sale on the fifth​ call, (b
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-> SOLUTION: Assume the probability that you will make a sale on any given telephone call is 0.150.15. Find the probability that you​ (a) make your first sale on the fifth​ call, (b
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Question 1105149: Assume the probability that you will make a sale on any given telephone call is 0.150.15. Find the probability that you (a) make your first sale on the fifth call, (b) make your sale on the first, second, or third call, and (c) do not make a sale on the first three calls Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! This is 0.85^4*0.15=0.0783
Sale on the first call is 0.15
make first sale (note editing) on second call is 0.85*0.15=0.1275
Make first sale on third call is 0.85^2*0.15=0.1084
Make no sale on first three calls is 0.85^3=0.6141
