Telemarketer makes six phone calls, Macroeconomics

Assignment Help:

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


Related Discussions:- Telemarketer makes six phone calls

Explain friis equation- affective aperture, In your own words, explain the ...

In your own words, explain the following: a) affective aperture, b) array factor, c) Friis equation, d) Antenna H-plane and E-plane, e) radiation resistance

Illustrate budget constraint and optimal bundle, Danny is an investment ban...

Danny is an investment banker and has income I = 300. When prices are px = 10 and py = 20, Danny consumes the bundle (x; y) = (6; 12). 1. Illustrate Danny's budget constraint

Economic functions of money, Money is generally considered to have three ec...

Money is generally considered to have three economic functions: A medium of exchange. This is its most significant role. Without money we would live in a barter economy wher

Economics, what is a limitation of nation income

what is a limitation of nation income

Value of this expansion project, Bruno's Lunch Counter is expanding and exp...

Bruno's Lunch Counter is expanding and expects operating cash flows of $26,000 a year for 4 years as a result. This expansion requires $39,000 in new fixed assets. These assets wil

Balance of payment, with the help of a graph, explain factors that may caus...

with the help of a graph, explain factors that may cause a shift in the balance of payments

Process to control inflation rate, Process to control inflation rate Th...

Process to control inflation rate The belief that control of inflation must be the primary economic objective of government can be traced back to neo-liberal revolution that st

Price, The prices of fresh fruits have risen recently in the Jackson area. ...

The prices of fresh fruits have risen recently in the Jackson area. Why would this have occurred? Explain.

Explain function of AS-AD model, Q. Explain function of AS-AD model? Th...

Q. Explain function of AS-AD model? The function of AS-AD model is to extend IS-LM model so that we can analyze situations where Y > Y OPT . To achieve this, we should make P e

Economic functions of money - a medium of exchange, Economic functions of m...

Economic functions of money - A medium of exchange This is its most important role. Without money we would live in a barter economy where we would have to trade goods and

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd