Leaders of local club want to focus on recruiting

Assignment Help Business Management

Reference no: EM132342791

Instructions

Leaders of a local club want to focus on recruiting and looked through their recruiting and membership paperwork. They realized that over the past 30 years of annual open-house events, they spoke to four people who were interested enough in joining to take an application packet home. The historical probability P(X) that the interested prospective members would join is below.

0 join: 0.1

1 join: 0.2

2 join: 0.4

3 join: 0.2

4 join: 0.1

When they hold an open house this year, how many members (what is the expected value) should they anticipate joining?

Explain your approach to determining the number of expected new members in a three-page response. Be sure to research sources to support your ideas, and integrate your sources using APA-formatted citations and matching reference lists. Additionally, use Times New Roman 12pt. double-spaced font.

Reference no: EM132342791

Questions Cloud

Creatively intelligent-innovative and entrepreneurial : describe how you see yourself as creatively intelligent, innovative and entrepreneurial.

Canadian western agribition-beefing up the growth strategy : What should be the goals of CWA? How should it measure its success? How much emphasis should be put on making a profit?

Globalization-technology changes have impacted corporation : How globalization and technology changes have impacted corporation you researched. how each category of stakeholder impacts the overall success of corporation.

Practical economic issue : For our remaining Residency assignments, we will be researching, evaluating, and summarizing several different relevant economic issues.

Leaders of local club want to focus on recruiting : Leaders of a local club want to focus on recruiting and looked through their recruiting and membership paperwork.

Transformational and transformative leadership theory : Transformational and transformative leadership theory is at heart of change management. Crafting compelling-persuasive elevator speech for your Business Plan

Current organizational culture and reward systems : Describe the relationship between your current organizational culture and its reward systems (pay and benefits) - is there an alignment between the two?

Understanding of the nonprofit marketing concepts : After reviewing Chapters 3-5 from the textbook, post a 300-word synopsis of your understanding of the nonprofit marketing concepts.

Develop change model : Research the various change models used by organizations today. After assessing these models, create a change model conducive to your field (logistics),

User Account

All Pages