An Insurance Agent Has Appointments with Four Prospective Clients Tomorrow

question 38

Multiple Choice

An insurance agent has appointments with four prospective clients tomorrow. From past experience the agent knows that the probability of making a sale on any appointment is 1 out of 5. Using the rules of probability, what is the likelihood that the agent will sell a policy to 3 of the 4 prospective clients?

• A) 0.250
• B) 0.500
• C) 0.410
• D) 0.026

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Definitions:

Avoidant Personality Disorder

A mental health condition characterized by persistent avoidance of social interactions and sensitivity to negative evaluation.

Socially Inhibited

A condition where individuals experience significant anxiety and discomfort in social situations, often leading to avoidance.

Negative Evaluation

The assessment of something with emphasis on its shortcomings or disadvantages.

Dissociative Fugue

A rare psychiatric disorder characterized by reversible amnesia for personal identity, including the memories, personality, and other identifying characteristics of individuality.