The Following Probability Distribution Was Subjectively Assessed for the Number

question 15

True/False

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. Given this distribution,the probability that the number of sales is 2 or 3 is 0.50.

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Definitions:

Consumer Socialization

The method through which youngsters develop the abilities, knowledge, and attitudes needed for effective participation as consumers in the market.

Motivation

Motivation is the process that initiates, guides, and maintains goal-oriented behaviors, driving individuals to act and pursue achievements.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing behavior and interactions.

Existing Customers

Individuals or entities who have previously made a purchase from a business, representing a segment that companies often aim to retain through customer service and loyalty programs.