SOLUTION: The sales manager for Widco Distributing Company has established demand for a new combination microwave oven and color television will be between 0 and 2 units per day. He believes
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Question 908980: The sales manager for Widco Distributing Company has established demand for a new combination microwave oven and color television will be between 0 and 2 units per day. He believes the probability of selling no units is 0.65 of one unit is 0.25, and two units is 0.10. The company is interested in sales over a two0day period.
a) What is the probability of selling no units during the two days?
b) What is the probability of selling one unit during the two days?
c) What is the probability of selling three or more units during the two days?
d) What is the probability of selling two units during the two days?
You can put this solution on YOUR website! a) What is the probability of selling no units during the two days? (.65)(.65)
b) What is the probability of selling one unit during the two days?
c) What is the probability of selling three or more units during the two days?
d) What is the probability of selling two units during the two days?