Bill must sell 3 more cars this month in order to meet his quota. Tonight he has after-dinner appoi


Question: Bill must sell 3 more cars this month in order to meet his quota. Tonight he has after-dinner appointments with 5 prospective customers, each of whom happens to be interested in a different car. If he has a 30% chance of success with each customer, what is the probability the he will meet his quota by tomorrow morning/ Suppose that 3 of Bill's customers were interested in the same car, and that they'll go elsewhere if it has already been sold. Would it be appropriate to use the binomial distribution under these conditions? Why or why not?

Price: $2.99
Solution: The solution consists of 1 page
Deliverables: Word Document

log in to your account

Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in