Probability
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A salesperson contacts eight potential customers per day. From past experience, we know that the probability of a potential customer making a purchase is .05. b.) What is the probability the salesperson will make exactly two sales
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A salesperson goes doortodoor in a residential area to demonstrate the use of a new Household appliance to potential customers. She has found from her years of experience that after demonstration, the probability of purchase
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A salesperson goes doortodoor in a residential area to demonstrate the use of a new Household appliance to potential customers. She has found from her years of experience that after demonstration, the probability of purchase
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A marketing research shows that for every 100 flyers distributed to potential customers, 1.2 customers will be captured. If 10000 flyers are being distributed, find a. the probability that 150 customers are captured b. the
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