Cold calls Justine works for an organization committedto raising money for Alzheimer’s research. From pastexperience, the organization knows that about 20% of allpotential donors will agree to give something if contactedby phone. They also know that of all people donating,about 5% will give $100 or more. On average, how manypotential donors will she have to contact until she getsher first $100 donor?
Cold calls Justine works for an organization committedto raising money for Alzheimer’s research. From pastexperience, the organization knows that about 20% of allpotential donors will agree to give something if contactedby phone. They also know that of all people donating,about 5% will give $100 or more. On average, how manypotential donors will she have to contact until she getsher first $100 donor?
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter3: Solving Equation And Problems
Section3.7: Costs, Income, And Value Problems
Problem 15P
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Cold calls Justine works for an organization committed
to raising money for Alzheimer’s research. From past
experience, the organization knows that about 20% of all
potential donors will agree to give something if contacted
by phone. They also know that of all people donating,
about 5% will give $100 or more. On average, how many
potential donors will she have to contact until she gets
her first $100 donor?
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