The Number of Cars Sold by a Car Salesperson During

question 90

Multiple Choice

The number of cars sold by a car salesperson during each of the last 25 weeks is the following: What is the probability that the salesperson will sell one car during a week?

• A) 0.20
• B) 0.40
• C) 0.60
• D) 0.80

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Definitions:

Regional Shift

Regional shift describes changes in economic, social, or demographic conditions within a specific geographical region, often leading to significant transformations in that area's development or industry focus.

Southern and Western States

Refers to the geographic regions in the United States broadly characterized by their distinct cultural, economic, and climatic differences from the Northern and Eastern parts of the country.

Buying Power

The capacity of an individual or organization to purchase goods and services, often influenced by income, credit availability, and economic conditions.

Economic Impact

The effect of an event, policy, or market condition on the economy, affecting factors such as employment, income, and economic growth.