A salesman normally makes a sale (closes) on 80% of his presentations. Assuming the presentations are independent,
Question:
a) He fails to close for the first time on his fifth attempt.
b) He closes his first presentation on his fourth attempt.
c) The first presentation he closes will be on his second attempt.
d) The first presentation he closes will be on one of his first three attempts.
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Related Book For
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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