What probability that it will take fewer than five customer

Reference no: EM131028030

A supplier of heavy construction equipment has found that newcustomers are normally obtained through customer requests for a sales call and that the probability of a sale of a particular piece of equipment is .3. If the supplier has three pieces of the equipment available for sale, what is the probability that it will take fewer than five customer contacts to clear the inventory?

Reference no: EM131028030

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