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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 25 times)

zl00505

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on: Mar 25, 2023

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?

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by zl00505 on Mar 25, 2023

3ginamay

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Reply #1 on: Mar 25, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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zl00505

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Reply 2 on: Mar 25, 2023
Wow, this really help

rleezy04

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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