Find probability that first sale will be on fifth call

Assignment Help Basic Statistics

Reference no: EM13112792

Find the indicated probability using the geometric or Poisson distribution. Assume that the probability that you will make a sale on any given telephone call is 0.21. Find the probability that you will (a.) make your first sale on your fifth call, (b.) make your sale on the first, second or third call, and (c.)do not make a sale on your first three calls.

Reference no: EM13112792

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