Sales Volumes a Telemarketer Makes Five Calls Per Day

question 117

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 0.50. {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:

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