A Computer Salesman Averages 1

question 119

Multiple Choice

A computer salesman averages 1.9 sales per week. Use the Poisson distribution to find the probability that in a randomly selected week the number of computers sold is 3.

• A)0.1710
• B)0.1881
• C)0.2137
• D)0.3249

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Definitions:

SWOT Analysis

SWOT Analysis is a strategic planning technique used to help identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Environmental Factors

External conditions and influences that affect the operation, performance, and strategy of organizations.

HRM Practices

The activities and strategies that human resource management professionals employ to manage and develop an organization's workforce.

Low-Cost Provider Strategy

A competitive strategy focusing on producing goods or services at the lowest cost compared to competitors to attract price-sensitive customers.