An insurance representative has appointments with four prospective clients. From past experience, she knows the probability of making a sale on any appointment is 0.20. What is the probability that she will sell a policy to three of the four prospective clients? What is the probabilty she sells to more than two?
An insurance representative has appointments with four prospective clients. From past experience, she knows the probability of making a sale on any appointment is 0.20. What is the probability that she will sell a policy to three of the four prospective clients? What is the probabilty she sells to more than two?
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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