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Author Question: A life insurance company has determined that each week an average of seven claims is filed in its ... (Read 24 times)

zl00505

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Question 1

A cosmetics salesperson, who calls potential customers to sell her products, has determined that 30% of her telephone calls result in a sale.  Determine the probability distribution for her next three calls.  Note that the next three calls could result in 0, 1, 2, or 3 sales.



Question 2

A life insurance company has determined that each week an average of seven claims is filed in its Nashville branch.

a.What is the probability that during the next week exactly seven claims will be filed?
b.What is the probability that during the next week no claims will be filed?
c.What is the probability that during the next week fewer than four claims will be filed?
d.What is the probability that during the next week at least seventeen claims will be filed?



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Marked as best answer by zl00505 on Mar 25, 2023

3ginamay

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zl00505

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Reply 2 on: Mar 25, 2023
Excellent


Dnite

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Reply 3 on: Yesterday
Gracias!

 

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