subject
Mathematics, 21.03.2020 10:26 Fionaauggies

A mutual fund salesperson has arranged to call on 4 people tomorrow. Based on past experience the salesperson knows that there is a 20% chance of closing a sale on each call. Determine the probability distribution of the number of sales the salesperson will make.
Let S denote success, i. e. closing a sale P(S)=.20. Thus SC is not closing a sale, and P(SC)=.80

Q1) Draw probability tree
Q2) Construct the probability distribution table
Q3) Calculate the expected value

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 13:40
/is used for a fraction 1) if x = 2/3 and y = 3/4, what is the value of (x + y) (x/y) expressed as a common fraction? 2) what is the least positive integer greater than 1 that leaves a remainder of 1 when divided by each of 2, 3, 4, 5, 6, 7, 8, and 9? 3) the ponde family's powerjet pumps 420 gallons of water per hour. at this rate, how many gallons of water will it pump in 45 minutes? 4) kim's insurance company pays 80% of the cost of all prescription medication she purchases in a year beyond the first $250 worth of prescriptions. her prescriptions for this year cost a total of $570. how many dollars of this amounts will kim's insurance company pay?
Answers: 1
question
Mathematics, 21.06.2019 17:30
Your client has saved $1,860 for a down payment on a house. a government loan program requires a down payment equal to 3% of the loan amount. what is the largest loan amount that your client could receive with this program
Answers: 3
question
Mathematics, 21.06.2019 19:00
Quadrilateral abcd in the figure below represents a scaled-down model of a walkway around a historic site. quadrilateral efgh represents the actual walkway. abcd is similar to efgh. what is the total length, in feet of the actual walkway?
Answers: 2
question
Mathematics, 22.06.2019 01:00
Sanderson is having trouble with his assignment. his shown work is as follows: − 3 7 7 3 = − 3 7 × 7 3 = − 21 21 = −1 however, his answer does not match the answer that his teacher gives him. complete the description of sanderson's mistake. find the correct answer.
Answers: 3
You know the right answer?
A mutual fund salesperson has arranged to call on 4 people tomorrow. Based on past experience the sa...
Questions
question
Mathematics, 11.04.2021 01:00
question
Biology, 11.04.2021 01:00
Questions on the website: 13722367