This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A salesperson contacts eight potential customers per day. From past experience, we know that the ... (Read 115 times)

altibaby

  • Hero Member
  • *****
  • Posts: 562
on: Jun 24, 2018
A salesperson contacts eight potential customers per day. From past experience, we know that the probability of a potential customer making a purchase is 0.10.
 a. Define the random variable in words for this experiment.
  b. What is the probability the salesperson will make exactly two sales in a day?
  c. What is the probability the salesperson will make at least two sales in a day?
  d. What percentage of days will the salesperson not make a sale?
  e. What is the expected number of sales per day?

Question 2

A model in the form of y = 0 + 1z1 + 2z2 + . . . +pzp +  where each independent variable zj (for j = 1, 2, . . ., p) is a function of xj . xj is known as the
 a. general linear model
  b. general curvilinear model
  c. multiplicative model
  d. multiplicative curvilinear model


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Athena23

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jun 24, 2018
Answer to Question 1

a. x = the number of sales made out of 8 contacts
b. 0.1488
c. 0.1869
d. 43.05
e. 0.8

Answer to Question 2

A


altibaby

  • Hero Member
  • *****
  • Posts: 562
Reply #2 on: Jun 24, 2018
Correct answers!


Athena23

  • Sr. Member
  • ****
  • Posts: 305
Reply #3 on: Jun 24, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Fossils Give Us a View of Past Life Fossils Give Us a View of Past Life
Potential Constitutional Challenges to Loitering, Panhandling, and Sit-Lie Laws Potential Constitutional Challenges to Loitering, Panhandling, and Sit-Lie Laws
Rate of Residential Change, Past Year, in the United States Rate of Residential Change, Past Year, in the United States
Specific Drugs and their Potential for Dependence Specific Drugs and their Potential for Dependence
The experience of romantic attachments is similar among sexual majority and minority youth. The experience of romantic attachments is similar among sexual majority and minority youth.
Different exposure codes for potential HIV infection. Different exposure codes for potential HIV infection.
Video: Introduction to Herpes

For a complete list of videos, visit our video library