1. If a company employs n sales persons, its gross sales in thousands of dollars may...

 

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1. If a company employs n sales persons, its gross sales in thousands of dollars may be regard as a random variable having a gamma distribution with 80n and 2. If the sales cist us 8000 dollars per sales person, how many sales persons should the company employ to maximize its expected profit. (3) 2. If the annual proportion of erroneous income tax returns file with the IRS can be looked upon as a random variable having a beta distribution with 2 and 9. what is the probability tat in any given year, there will be less than 10 percent erroneous returns? (3) 1. If a company employs n sales persons, its gross sales in thousands of dollars may be regard as a random variable having a gamma distribution with 80n and 2. If the sales cist us 8000 dollars per sales person, how many sales persons should the company employ to maximize its expected profit. (3) 2. If the annual proportion of erroneous income tax returns file with the IRS can be looked upon as a random variable having a beta distribution with 2 and 9. what is the probability tat in any given year, there will be less than 10 percent erroneous returns? (3)