Probability that you will make a sale

Assignment Help Basic Statistics
Reference no: EM1392589

Assume the probability that you will make a sale on any given telephone call is 0.11. Find the probability that you make your first sale on the fifth call, make your sale on the first, second, or third call, and do not make a sale the first three calls.

Reference no: EM1392589

Questions Cloud

Explain cyberspace arena for human social interaction : Do you believe cyberspace is a whole new arena for human social interaction, or is it simply one more tool which humans put to remarkable range of uses without actually changing in any fundamental way?
Determine the angular velocity when the person reaches edge : A person of mass 80 kg stands at the center of a rotating merry-go-round platform of radius 3.5 m and moment of inertia 920 kg cdot m^2. The platform rotates without friction with angular velocity 0.85 rad/s. The person walks radially to the edge ..
Effects of caffiene on various organs system : Discuss effects of caffiene on various organs system of human body ? am lookin bout five pages of word document file with intext citation including the work cited page.
What force does an ice cube sliding down : A model car is propelled by a cylinder of carbon dioxide gas. The cylinder emits gas at a speed of 4.5 g/s with an exit speed of 80.0 m/s. The car has a mass of 400 g, including the CO2 cylinder. Starting from rest, what is the car's initial accel..
Probability that you will make a sale : Assume the probability that you will make a sale on any given telephone call is 0.11. Find the probability that you make your first sale on the fifth call, make your sale on the first, second, or third call, and do not make a sale the first three ..
The role of multinational corporations in business : About the role of Multinational Corporations in Business, Government and Society. the role of ethics in the global arena, the influence of governmental regulation, the roles of consumer, employee and environmental protection and how good corporat..
Determine the speed of m2 at a time : Determine the speed of M2 at a time 1.85 s after the system is free from rest.
Why literature review is a significant factors : What will they expect to see in good literature review and why are these factors significant? Ideally, what relationships does literature review form with other parts of study.
Find the normal force of slope acting on the sled : A sled weighs 100N. It is held in place on a frictionless 20 degrees slope by a rope attached to a stake at the top, the rope is parallel to the slope. What is the normal force of slope acting on the sled.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Normal distribution and significance levels

A retailer wants to estimate with 99% confidence the number of people who buy at his store. A previous study showed that 15% of those interviewed had shopped at his store.

  One-sided lower confidence limit for theta

Let x1, ..., xn be a random sample from an exponential distribution, X ~ EXP(theta) a) If x(bar) = 17.9 with n = 50, then find a one-sided lower 95% confidence limit for theta.

  Evaluate the probability values using normal distribution

Computing the probability values using normal distribution - The data set has a bell-shaped distribution. Between what two prices do 68% of the houses lie?

  Significant mean difference

To test whether there is significant mean difference between two groups using independent sample t test.

  Computing z-score for advertising time

You listen to radio station for 1 hour, at arbitrarily selected time, and carefully observe that amount of advertising time is equal to 7 minutes. Compute z-score for this amount of advertising time.

  Determining value under inside interval or outside interval

Pproportion who are sent to prison after pleading innocent and being found guilty? No, as the test value -1.96 is inside interval (-2.58, 2.58), No, as the test value -4.94 is outside interval (-1.96, 1.96).

  Permutations and combinations

If she has chosen the first weeks rides, how many ways can she choose four more different rides for the second week? Assume that order does not matter.

  Confidence interval and true mean

A food snack manufacturer samples 13 bags of pretzels off the assembly line and weighs their contents. If the sample mean is 14.7 oz. and the sample standard deviation is 0.50 oz., find the 95% confidence interval of the true mean.

  Dice probabilities using excel

If the player does not win or lose on his second roll he continues to roll, using the same criteria given for the second roll.

  Finite-population correction factor

Should the finite-population correction factor be used? Why or why not?

  Assembly time for a product-uniformly distributed

The assembly time for a product is uniformly distributed between 6 to 10 minutes.

  Determining expected value and standard error of sum

Determine the expected value and standard error of the sum of 400 draws?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd