Survey: Sales Approach In a sales effectiveness seminar, a group of sales representatives tried two approaches to
Question:
Survey: Sales Approach In a sales effectiveness seminar, a group of sales representatives tried two approaches to selling a customer a new automobile:
the aggressive approach and the passive approach. For 1160 customers, the following record was kept:
Sale No Sale Row Total Aggressive 270 310 580 Passive 416 164 580 Column Total 686 474 1160 Suppose a customer is selected at random from the 1160 participating customers. Let us use the following notation for events: A 5aggressive approach, Pa 5passive approach, S 5sale, N 5no sale.
So, P(A) is the probability that an aggressive approach was used, and so on.
(a) Compute P(S), P(S | A), and P(S | Pa).
(b) Are the events S 5sale and Pa 5passive approach independent? Explain.
(c) Compute P(A and S) and P(Pa and S).
(d) Compute P(N) and P(N | A).
(e) Are the events N 5no sale and A 5 aggressive approach independent? Explain.
(f) Compute P(A or S).
AppendixLO1
Step by Step Answer:
Understandable Statistics Concepts And Methods
ISBN: 9780357719176
13th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase