[All Steps] An analyst at a telephone marketing agency has studied the records of salespersons at a call centre over the past 5 years, and has concluded
Question: An analyst at a telephone marketing agency has studied the records of salespersons at a call centre over the past 5 years, and has concluded that the male telemarketers are more likely to make a sale than the females. He wishes to create a probability tree describing the possibilities when one marketing call is chosen at random. He defines various events as follows.
M: the marketer is a male,
F: the marketer is a female,
S: a sale is made,
\(\bar{S}\) : no sale is made.
The analyst observes that 60% of the calls were made by males. He further calculates some probabilities and adds them to the probability tree given below.
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Add missing probabilities to the branches of the probability tree specifying the events
clearly. - According to the tree diagram, what event probability is being represented by figure 0.12?
- Find the probability that a sale is not made, given that the telemarketer is a male.
- What is the probability that a sale is made and the telemarketer is a male?
- Are the events "the caller is a female" and "a sale is made" independent?
- Are the events "the caller is a female" and "the caller is a male" mutually exclusive?
Deliverable: Word Document 