![4. [24] A sale representative (a) Find the probability that she had exactly two sales resulted from 6 calls (b) Find the probability that she had no sale resulted from 6 calls (c) Find the probability that she had at least one sale resulted from 6 calls. (d) Suppose that she wanats the probability P(at least one sale) to exceed 0.6, find the estimates that sales result on one fourth of the calls made minimal number of calls she has to make](http://img.homeworklib.com/questions/53dd03c0-bb37-11eb-9f2f-cda38c0b1557.png?x-oss-process=image/resize,w_560)
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4. [24] A sale representative (a) Find the probability that she had exactly two sales resulted...
The probability a telesales representative making a sale on a customer call is .15. Find the...
The probability a telesales representative making a sale on a customer call is .15. Find the probability: a) Her first sale comes after 5 calls. b) Her first 5 calls went with out a sale. What is the probability she will have to make more than 13 calls until her first sale? c) Less than 2 sales are made on 5 calls. Representatives are required to make an average of at least 4 sales a day or they are fired....
2. The probability of a telesales representative making a sale on a customer call is 0.15. Find the probability that no sales are made in 10 calls. (a) (3 marks) more than one sales are made in 20 ca...
2. The probability of a telesales representative making a sale on a customer call is 0.15. Find the probability that no sales are made in 10 calls. (a) (3 marks) more than one sales are made in 20 calls. (b) (3 marks) [CLO2-PLO1:C4]
2. The probability of a telesales representative making a sale on a customer call is 0.15. Find the probability that no sales are made in 10 calls. (a) (3 marks) more than one sales are made in...
The probability that a sales person can make a sale with a pre-screened prospect based on...
The probability that a sales person can make a sale with a pre-screened prospect based on a particular method of product presentation is 0.28. Assume that the salesperson makes 6 phone calls. (a) What is the probability that this sales person will complete one or no sales? (b)What is the probability that this sales person will complete at least 2 sales? Show your work (write clearly if writtent)
1. The following are the values of waiting time of 6 customers of a city bank...
1. The following are the values of waiting time of 6 customers of a city bank in minutes 3, 5, 6, 6, 8, 9 Find mean and standard deviations using the formula: 2 n(n-1) 2. You have drawn a card from a fully shuffled deck of 52 ordinary playing cards. Find the probabilities Clot b a. P(King or Red)- b. P (Heart or Queen) C. P (Below 5/not Ace)- d. P (Above&/ not Face)- e. P Red / Face 3....
Suppose that two fair dice are rolled, What is the probability that the number shown on...
Suppose that two fair dice are rolled, What is the probability that the number shown on one will be twice the number shown on the other (hint: make a table and count). 7. Doomsday Airlines has an old propeller plane that will fly if at least one engine is working. Suppose that the probability of engine failure is 0.1 for the port engine and 0.15 for the starboard engine. Of course the engines function or fail completely independently of each...
Three friends (A, B, and C) will participate in a round-robin tournament in which each one...
Three friends (A, B, and C) will participate in a round-robin tournament in which each one plays both of the others. Suppose that P(A beats B) 0.4 P(A beats C) = 0.2 P(B beats C) = 0.8 and that the outcomes of the three matches are independent of one another. (a) What is the probability that A wins both her matches and that B beats C? (b) What is the probability that A wins both her matches? (c) What is...
4. Suppose an experiment consists of picking a student from the set of all students registered...
4. Suppose an experiment consists of picking a student from the set of all students registered on the UCSD campus this quarter. It is not necessary to assume that all students are equally likely to be picked, but you may make this assumption if it makes you feel happier and more confident. (a) Consider the two events: Athe student has had four years of high school science (FYS, the student has had calculus in high school If the probability that...
4. Suppose an experiment consists of picking a student from the set of all students registered...
4. Suppose an experiment consists of picking a student from the set of all students registered on the UCSD campus this quarter. It is not necessary to assume that all students are equally likely to be picked, but you may make this assumption if it makes you feel happier and more confident. (a) Consider the two events: Athe student has had four years of high school science (FYS), Bthe student has had calculus in high school. If the probability that...
A certain firm posted an ad for a sales representative position paying $36,000 base salary plus...
A certain firm posted an ad for a sales representative position paying $36,000 base salary plus commission. Based on his past experience, a salesman estimates he can generate $600,000 in sales annually. What commission rate (as a percent of sales) must he earn to make $63,000 per year? b. Write an equation for his annual income as a function of his annual sales dollar volume. c. If the salesman wants to make $75,000 per year, by how much must...
A senator is selected at random, find the probability that the senator is democrat worst outcome...
A senator is selected at random,
find the probability that the senator is democrat
worst outcome for each row, or strategy,is Tu us, 2, and So for strategy 3. The maximum of these values is selected. Th -$4,000 for strategy Becky would select strategy 3, which reflects a pessimistic decision approach selects the alternative that maximizes the row averages. The row average for strategy 1 is approach e. If Cal and Becky are indifferent to risk, they could use the...
2. The probability of a telesales representative making a sale on a customer call is 0.15. Find the probability that no sales are made in 10 calls. (a) (3 marks) more than one sales are made in 20 calls. (b) (3 marks) [CLO2-PLO1:C4]
2. The probability of a telesales representative making a sale on a customer call is 0.15. Find the probability that no sales are made in 10 calls. (a) (3 marks) more than one sales are made in...
1. The following are the values of waiting time of 6 customers of a city bank in minutes 3, 5, 6, 6, 8, 9 Find mean and standard deviations using the formula: 2 n(n-1) 2. You have drawn a card from a fully shuffled deck of 52 ordinary playing cards. Find the probabilities Clot b a. P(King or Red)- b. P (Heart or Queen) C. P (Below 5/not Ace)- d. P (Above&/ not Face)- e. P Red / Face 3....
Suppose that two fair dice are rolled, What is the probability that the number shown on one will be twice the number shown on the other (hint: make a table and count). 7. Doomsday Airlines has an old propeller plane that will fly if at least one engine is working. Suppose that the probability of engine failure is 0.1 for the port engine and 0.15 for the starboard engine. Of course the engines function or fail completely independently of each...
Three friends (A, B, and C) will participate in a round-robin tournament in which each one plays both of the others. Suppose that P(A beats B) 0.4 P(A beats C) = 0.2 P(B beats C) = 0.8 and that the outcomes of the three matches are independent of one another. (a) What is the probability that A wins both her matches and that B beats C? (b) What is the probability that A wins both her matches? (c) What is...
4. Suppose an experiment consists of picking a student from the set of all students registered on the UCSD campus this quarter. It is not necessary to assume that all students are equally likely to be picked, but you may make this assumption if it makes you feel happier and more confident. (a) Consider the two events: Athe student has had four years of high school science (FYS, the student has had calculus in high school If the probability that...
4. Suppose an experiment consists of picking a student from the set of all students registered on the UCSD campus this quarter. It is not necessary to assume that all students are equally likely to be picked, but you may make this assumption if it makes you feel happier and more confident. (a) Consider the two events: Athe student has had four years of high school science (FYS), Bthe student has had calculus in high school. If the probability that...
A senator is selected at random,
find the probability that the senator is democrat
worst outcome for each row, or strategy,is Tu us, 2, and So for strategy 3. The maximum of these values is selected. Th -$4,000 for strategy Becky would select strategy 3, which reflects a pessimistic decision approach selects the alternative that maximizes the row averages. The row average for strategy 1 is approach e. If Cal and Becky are indifferent to risk, they could use the...
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