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 118 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?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
The phases and ionic basis of an action potential. The phases and ionic basis of an action potential.
Men experience more trauma in their lifetimes, but women are more likely to develop PTSD. Men experience more trauma in their lifetimes, but women are more likely to develop PTSD.
Action potential Action potential
Both men and women can experience issues with body image Both men and women can experience issues with body image
The Ames test for potential mutagenicity of chemical compounds The Ames test for potential mutagenicity of chemical compounds
Video: Nucleic acid digestion -small intestine

For a complete list of videos, visit our video library