Sales Volumes A Telemarketer Makes Five Calls Per Day.A Sample of 200

question 38

Essay

Sales Volumes
A telemarketer makes five calls per day.A sample of 200 days gives the frequencies of sales volumes listed below: Assume the population is binomial distribution with a probability of purchase p equal to .50.
-{Sales Volumes Narrative} Compute the expected frequencies for x = 0,1,2,3,4,and 5 by using the binomial probability function or the binomial tables.Combine categories if necessary to satisfy the rule of five.

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Definitions:

Aggregation

The process of combining or collecting individual units, items, or data points to form a sum or a whole.

Public Service

A service provided by the government to its citizens, either directly or through financing private entities, to meet a public need.

Recurrent Themes

Ideas or motifs that appear repeatedly within a specific context, such as a literary work, discussion, or area of study.

Privatization

The transfer of ownership and management of services or assets from the public sector to private individuals or organizations.