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The Following Probability Distribution Was Subjectively Assessed for the Number

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The following probability distribution was subjectively assessed for the number of sales a salesperson would make if he or she made five sales calls in one day. The following probability distribution was subjectively assessed for the number of sales a salesperson would make if he or she made five sales calls in one day.   When the salesperson makes a sale, there are three possible sales levels: large, medium, and small. The probability of a large sale is 0.20 and the chance of a medium sale is 0.60. The probability on a given day that the salesperson will make one sale and that it is medium is 0.09. When the salesperson makes a sale, there are three possible sales levels: large, medium, and small. The probability of a large sale is 0.20 and the chance of a medium sale is 0.60. The probability on a given day that the salesperson will make one sale and that it is medium is 0.09.


Definitions:

Effective Communication

The process of exchanging information or ideas in a way that is easily understood and results in the desired outcome.

Jargon

Specialized language or terminology used within a particular profession, field, or group, often difficult for outsiders to understand.

Congruence

A condition in which a person’s words, thoughts, feelings, and actions all contain the same message.

Enterprise Social

A set of collaboration and social networking tools designed for use within a company or organization to enhance communication and productivity.

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