Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mail-order marketing companies have a response rate of 15% to their advertising flyers. Question 5(2 points) a)Determine the probability that exactly 3 people out of

Mail-order marketing companies have a response rate of 15% to their advertising flyers.

Question 5(2 points)

a)Determine the probability that exactly 3 people out of a sample of 20 respond to the flyers they receive?

b)What is the probability that no one responds to the flyer if 100 flyers were sent out?

c)What is the expected number of people to respond to the flyers if 1500 people receive the flyer?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mathematical Analysis And Its Applications Roorkee, India, December 2014

Authors: P N Agrawal, R N Mohapatra, Uaday Singh, H M Srivastava

1st Edition

813222485X, 9788132224853

More Books

Students also viewed these Mathematics questions