Suppose 62% of sales reps in major cities quit after first rejection. A random sample of...

 

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Suppose 62% of sales reps in major cities quit after first rejection. A random sample of 35 sales reps is selected. Assuming independence, use the binomial formula or software (recommended) to answer the following questions. Report probabilities accurate to at least 4 decimal places. What is the probability that, of the 35 sales reps selected: a) exactly 21 quit after first rejection? b) exactly 13 do not quit after first rejection? c) all of them quit after first rejection? d) no less than 17 quit after first rejection? e) no more than 18 quit after first rejection? I f) at least 17 and at most 18 quit after first rejection? g) more than half quit after first rejection? Suppose 62% of sales reps in major cities quit after first rejection. A random sample of 35 sales reps is selected. Assuming independence, use the binomial formula or software (recommended) to answer the following questions. Report probabilities accurate to at least 4 decimal places. What is the probability that, of the 35 sales reps selected: a) exactly 21 quit after first rejection? b) exactly 13 do not quit after first rejection? c) all of them quit after first rejection? d) no less than 17 quit after first rejection? e) no more than 18 quit after first rejection? I f) at least 17 and at most 18 quit after first rejection? g) more than half quit after first rejection?

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To calculate the probabilities using the binomial formula we need the probability of success p and t... View the full answer