Examlex

Solved

A Salesperson Contacts Eight Potential Customers Per Day

question 113

Short Answer

A salesperson contacts eight potential customers per day. From past experience, we know that the probability of a potential customer making a purchase is .10.
a.What is the probability the salesperson will make exactly two sales in a day?
b.What is the probability the salesperson will make at least two sales in a day?
c.What percentage of days will the salesperson not make a sale?
d.What is the expected number of sales per day?


Definitions:

Counterexamples

Specific cases or instances that prove a statement or argument to be false.

Circular Definitions

Definitions that use the term being defined as part of its own definition, leading to a logical fallacy.

Essential Attribute

A fundamental quality or characteristic that defines the nature of something and without which it would not be identified as itself.

Essential Attributes

Fundamental or inherent qualities that define and distinguish a subject or an entity.

Related Questions