A Cosmetics Salesperson, Who Calls Potential Customers to Sell Her

question 44

Essay

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.

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Definitions:

Number Rules

Guidelines or principles related to the use, representation, and manipulation of numbers in various contexts.

Startup Capital

Initial funding needed to start a business, which may cover costs such as product development, marketing, and operations.

Ten-inch Pizzas

A size specification for pizzas, indicating that the diameter of the pizza measures ten inches.

Number Expression

A mathematical statement used to represent a quantity or to carry out a calculation.