A cell phone company is conducting a telemarketing campaign to generate new clients. One hundred calls are
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A cell phone company is conducting a telemarketing campaign to generate new clients. One hundred calls are made, and the probability of successfully gaining a new customer from each call is 0.07. Generate 25 random variates for the number of new customers that would be gained to estimate the minimum and maximum number that might be expected.
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The number of new customers is a binomial random variable n 100 p 007 Ran...View the full answer
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