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:

Charophytes

A group of green algae thought to be the closest relatives of land plants.

Probable Ancestors

The most likely predecessors or early forms of living organisms from which others have descended.

Algae

Photosynthetic, predominantly aquatic organisms, ranging from single-celled forms to giant kelps, that are not classified as plants, animals, or fungi.

Spore-Forming Capsules

Structures produced by certain bacteria and plants that encase and protect spores until they're released into favorable conditions for growth.