2Consider the following probability distribution. Find u and findp(x)Find u.(Round to the nearest thousandth as needed.)Find o2.(Round to the nearest thousandth as needed.)51/32113113

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Answered: Consider the following probability…

Algebra and Trigonometry (MindTap Course List)

4th Edition

ISBN:9781305071742

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter14: Counting And Probability

Section14.3: Binomial Probability

Problem 33E

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Telephone Marketing A mortgage company advertises its rates by making unsolicited telephone calls to random numbers. About 2 of the calls reach consumers who are interested in the companys services. A telephone consultant can make 100 calls per evening shift. a What is the probability that two or more calls will reach an interested party in one shift? b How many calls does a consultant need to make to ensure at least a 0.5 probability of reaching one or more interested parties? Hint: Use trial and error.
Telephone Marketing A mortgage company advertises its rates by making unsolicited telephone calls to random number. About 2% of the calls reach consumers who are interested in the company’s services. A telephone consultant can make 100 calls per evening shift. What is the probability that two or more calls will reach an interested party in one shift? How many calls does a consultant need to make to ensure at least a 0.5 probability of reaching one or more interested parties? [Hint: Use trial and error.]

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Consider the following probability distribution. Find u and find o. 5 1 p(x) Find H. (Round to the nearest thousandth as needed.) Find o2. (Round to the nearest thousandth as needed.) 51139 2113