Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sir, I am stuck on this question In a marketing firm, 60% of all trainees have participated a training session on selling a new product.

Sir, I am stuck on this question

image text in transcribed
In a marketing firm, 60% of all trainees have participated a training session on selling a new product. Based on the existing record. 70% ofthose who have participated the training session will end up selling the new product. whereas 30% of those who have not participated the training session will end up selling the new product. (a) What is the probability that a randomly chosen trainee will end up selling the product? (b) For a randomly chosen trainee who has not sold the new product. what is the probability that helshe has participated the training session? is) Consider now that 50 independent trainees are randomly chosen. Answer the following questions. (i) What is the probability that exactly 20 of them will end up selling the new product? (ii) What is the expected number of trainees who will end up selling the new product

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_2

Step: 3

blur-text-image_3

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

Complex Geometry And Dynamics The Abel Symposium 2013

Authors: John Erik Fornaess, Marius Irgens, Erlend Fornaess Wold

1st Edition

3319203371, 9783319203379

More Books

Students also viewed these Mathematics questions

Question

=+c) How many factors are involved?

Answered: 1 week ago

Question

What was the positive value of Max Weber's model of "bureaucracy?"

Answered: 1 week ago