SOLUTION: A salesperson sees 25 clients and has a 20% chance of making a sale each time. What is the most likely number of sales? What are the chances that the salesperson makes exactly that

Algebra ->  Probability-and-statistics -> SOLUTION: A salesperson sees 25 clients and has a 20% chance of making a sale each time. What is the most likely number of sales? What are the chances that the salesperson makes exactly that      Log On


   

Question 923303: A salesperson sees 25 clients and has a 20% chance of making a sale each time. What is the most likely number of sales? What are the chances that the salesperson makes exactly that number of sales?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
p(sale) = .20, n = 25
Exp = 25*.20 = 5
Using TI or similarly Casio fx-115 ES plus
P(x = 5) = binompdf(25, .20, 5) = .1960 0r 19.6%