A car salesman meets 12 customers each week. His probability of making a sale in the first

Question:

A car salesman meets 12 customers each week. His probability of making a sale in the first meeting with a customer is .3. When he gets the second meeting with the same customer, the probability of making a sale increases to .9. Over the last 2 weeks, he talked to four customers twice. What is the probability that he made no sales?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

Question Posted: