Based on past experience, a telemarketing firm has found that calls to prospective customers take an average of 2 0 minutes, with a standard deviation of 1 5 minutes The distribution is positively skewed, since persons who actually become customers require more of the callers time than those who ar...

Let the average length of calls tomorrow in minutes is approximate ...

Based on past experience, a telemarketing firm has found that calls to prospective customers take an average

Question:

Based on past experience, a telemarketing firm has found that calls to prospective customers take an average of 2.0 minutes, with a standard deviation of 1.5 minutes. The is positively skewed, since persons who actually become customers require more of the caller’s time than those who are not home, who simply hang up, or who say they’re not interested. Albert has been given a quota of 220 calls for tomorrow, and he works an 8-hour day. Assuming that his list represents a simple random sample of those persons who could be called, what is the probability that Albert will meet or exceed his quota? Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...