In a True-False Exam with 100 Questions,passing Requires a Score

question 18

Multiple Choice

In a True-False exam with 100 questions,passing requires a score of at least 60.What is the approximate normal probability that a "guesser" will score at least 60 points?

• A)0.0287
• B)0.4713
• C)0.0251
• D)0.0377

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Definitions:

Prospecting

The process of searching for potential customers, clients, or buyers in order to develop new business.

Closing

The final step in executing a real estate transaction or sale where ownership is transferred from seller to buyer, or in sales, the process of concluding a sale or sealing a deal.

Personal Selling Process

A direct method of selling in which sales representatives personally meet with potential customers to present products or services, aiming to engage and convert them into buyers.

Six Stages

Refers to a structured process or framework divided into six distinct phases, often used in project management or product development.