The following probability distribution was subjectively assessed for the number of sales a salesperson would make if he or she made five sales calls in one day.
Sales Probability
0 0.10
1 0.15
2 0.20
3 0.30
4 0.20
5 0.05
When the salesperson makes a sale, there are three possible sales levels: large, medium, and small. The probability of a large sale is 0.20 and the chance of a medium sale is 0.60. The probability on a given day that the salesperson will make one sale and that it is medium is 0.09.
Indicate whether the statement is true or false
Question 2
For constructing a p-chart, it is recommended that ________.
A) a minimum of 100 samples be taken, each with a minimum sample size of 25
B) a minimum of 10 samples be taken, each with a minimum sample size of 30
C) a minimum of 1776 samples be taken, each with a minimum sample size of 74
D) a minimum of 25 samples be taken, each with a minimum sample size of 100
A number of tree species can be interconnected by mycorrhizal fungi in the forests of British Columb
Annual Mean Number of Days with Thunder
Average Number of Days per Year with Thunderstorms
Number Facts
Probability Question
The expected value for a binomial probability distribution is _____.