Answered step by step
Verified Expert Solution
Question
1 Approved Answer
help with part C Jeff, a sales manager of a car dealership, believes that his sales force sells a car to 35% of the customers
help with part C
Jeff, a sales manager of a car dealership, believes that his sales force sells a car to 35% of the customers who stof by the showroom. He needs the dealership to make 60 sales this month to get a special bonus of $170,000. Approximately 120 customers visit the showroom each month. You may assume that the customers entering the dealership are independent of one another. Complete parts a through f below. (round to uree cecimat places as neeveu.) c) Assume that Jeff can choose to either increase the motivation of his sales force so that they increase the probability of a sale to 40%, or to increase the number of people walking into the showroom to 140 . Which makes it more likely that Jeff will sell 60 cars? The probability that Jeff will sell 60 cars if the probability of a sale is increased to 40% is The probability that Jeff will sell 60 cars if the number of people walking into the showroom is increased to 140 is Therefore, increasing the makes it more likely that Jeff will sell 60 cars. (Round to three decimal places as needed.) Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started