Solution-Find the probability of making exactly four sales

Find the probability of making exactly four sales

Reference no: EM13868041

A telemarketer makes six phone calls per hour and is able to make a sale on 30 percent of these contacts. During the next two hours, find:

a. The probability of making exactly four sales.

b. The probability of making no sales.

c. The probability of making exactly two sales.

d. The mean number of sales in the two-hour period.

Reference no: EM13868041

Questions Cloud

Calculate the rotational constant : Calculate the rotational constant B for H2(g)and D2(g)in unite of frequency. Rationalize the trend inrotational constant for these two molecule ,given the differ only in atomic mass.

Information systems for decision making : How your organization can modify its present organizational structures to be more efficient and effective in the future, making better use of information and information systems for decision making

Refrigeration and reciprocating engine cycles : A refrigeration system operating with Refrigerant 134a consists of a compressor, a condenser, a throttle valve and an evaporator. The refrigerant enters the compressor dry saturated at a temperature of -150C and is compressed to pressure of 13.174..

Advantages and disadvantages of debt : (1) Debt and discipline. A firm whose management does its best to pay a regular and fixed dividend does not need the discipline provided by debt. Do you agree with this opinion? Briefly explain your answer.(2) Debt vs. equity. Debt is cheaper than eq..

Find the probability of making exactly four sales : Find The probability of making exactly four sales, The probability of making no sales, The probability of making exactly two sales and The mean number of sales in the two-hour period.

Greater economic growth typically causes interest : Greater economic growth typically causes interest rates to rise. We will learn later in this course, hopefully, that higher interest rates cause the currency to appreciate versus foreign currencies. Can you explain why an appreciated dollar can pre..

When radio-frequency energy is absorbed by a nucleus : 1. Would you expect phosphorus to exhibit an NMR spectrum? Why or why not2. When radio-frequency energy is absorbed by a nucleus with a spin of 1/2 that is in a magnetic field, what happens

Applying overhead cost of goods manufactured : Applying Overhead; Cost of Goods Manufactured The following cost data relate to the manufacturing activities of Black Company during the just completed year:

What is the probability two select public accounting : What is the probability two select public accounting? What is the probability five select public accounting? How many graduates would you expect to select public accounting?

User Account

All Pages

Find the probability of making exactly four sales

Reference no: EM13868041

Reference no: EM13868041

Questions Cloud

Reviews

Write a Review

Basic Statistics Questions & Answers

It is common in many industrial areas to use a filling

Number of headlights that need to be focused for the next

Lowest possible score

Suppose the average number of heavy rain seen on a 1-year

Calculate the sample size needed given these

Given the following estimates of various components of

What is the probability that x is equal to four

Find the probabilities of events

Non-parametric statistics and chi-square test

Consider the following statement each culture has its own

Question on control chart

If the mean per capita income in the us is 39000 and the

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT