A Car Salesperson Has a 5% Chance of Landing a Sale

question 111

Short Answer

A car salesperson has a 5% chance of landing a sale with a random customer on the lot. Suppose 10 people come onto the lot today.
A) What is the probability that the salesperson sells exactly three cars today?
B) What is the probability he or she sells fewer than two cars today?
C) What is the expected number of cars he or she is going to sell today?

• A) What is the probability that the salesperson sells exactly three cars today?
• B) What is the probability he or she sells fewer than two cars today?
• C) What is the expected number of cars he or she is going to sell today?

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