A travelling salesman makes a sale on 65% of his calls on regular customers. He makes four sales calls ...
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A travelling salesman makes a sale on 65% of his calls on regular customers. He makes four sales calls each day. Construct the probability distribution of X, the number of sales made each day. Find the probability that, on a randomly selected day, the salesman will make a sale. Assuming that the salesman makes 20 sales calls per week, find the mean and standard deviation of the number of sales made per week.
8 years ago
p = 0.65, n = 4, q = 1 – p = 0.35 P(x) = C(n, x) p^x q^(n – x) ...
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