A car sales representative sees an average of four customers in a day. Each time she talks
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A car sales representative sees an average of four customers in a day. Each time she talks to a customer, she has a 25 % chance of making a deal. What is the chance that she will make four deals after talking to four customers in a day?
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To solve this problem youll need to use the concept of binomial probability ...View the full answer
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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