3.135 3.136 the Poisson approximation with λ = np. Compare. A salesperson has found that the probability of a sale on a single contact is approximately .03. If the salesperson contacts 100 prospects, what is the approximate probability of making at least one sale?

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.CR: Chapter 13 Review
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Probability & Statistics
3.135
3.136
the Poisson approximation with λ = np. Compare.
A salesperson has found that the probability of a sale on a single contact is approximately .03.
If the salesperson contacts 100 prospects, what is the approximate probability of making at
least one sale?
Transcribed Image Text:3.135 3.136 the Poisson approximation with λ = np. Compare. A salesperson has found that the probability of a sale on a single contact is approximately .03. If the salesperson contacts 100 prospects, what is the approximate probability of making at least one sale?
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