Use the following information. Sales representatives at a car dealership were split into two groups. One group
Question:
Use the following information. Sales representatives at a car dealership were split into two groups. One group used an aggressive approach to sell a customer a new automobile. The other group used a passive approach. The following table summarizes the records for 650 customers.
If one of these customers is selected at random, determine the probability.
Of a sale, given that the passive approach was used.
Transcribed Image Text:
Sale No Sale Approach Total Aggressive 100 250 350 Passive 220 80 300 Total 650 320 330
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (18 reviews)
Psale...View the full answer
Answered By
Amit Kumar
I am a student at IIT Kanpur , which is one of the prestigious colleges in INDIA.
Cleared JEE Advance in 2017.I am a flexible teacher because I understand that all students learn in different ways and at different paces. When teaching, I make sure that every student has a grasp of the subject before moving on.
I will help student to get the basic understanding clear. I believe friendly behavior with student can help both the student and the teacher.
I love science and my students do the same.
4.90+
44+ Reviews
166+ Question Solved
Related Book For
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
Question Posted:
Students also viewed these Mathematics questions
-
Use the following information for Tipster Corporation to determine the 2010 and 2011 trend percents for net sales using 2010 as the baseyear. ($thousands) 2011 2010 Net sales ...$201,600 $114,800...
-
Use the following information on current assets and current liabilities to compute and interpret the acid test ratio. Explain what the acid-test ratio of a companymeasures. Cash Accounts receivable...
-
Use the following information for questions 1, 2, and 3. Bartell Inc., a U.S. company, acquired 90 percent of the common stock of a Malaysian company on January 1, 20X5, for $160,000. The net assets...
-
The following are the Year 9 income statements of Kent Corp. and Laurier Ltd. Additional Information ¢ Kent acquired its 40% interest in the common shares of Laurier in Year 3 at a cost of...
-
How is the saver's credit computed?
-
Of a random sample of 214 auditors, 125 indicated some measure of agreement that cash flow is an important indication of profitability. Test at the 5% significance level against a two-sided...
-
You have found a source which can supply you with popular movies on DVDs at 2.50 each (normal retail price 7.99 and upwards). As a student, and being inexperienced, you see an opportunity of making...
-
Assume the same facts for H and Y Service Station as in E 9, except assume that the company requires a 20 percent minimum rate of return. Using the net present value method, prepare an analysis to...
-
Solve the given equation. 0.7x=8x2 The solution(s) is (are) x = (Round to three decimal places as needed. Use a comma to separate answers as needed
-
1. Estimate the final construction budget. 2. What should they do about the work slowdown? 3. Create a Gantt chart with the revisions to the duration of the interiors step. When will the project be...
-
Use the following information. Sales representatives at a car dealership were split into two groups. One group used an aggressive approach to sell a customer a new automobile. The other group used a...
-
Use the following information. Sales representatives at a car dealership were split into two groups. One group used an aggressive approach to sell a customer a new automobile. The other group used a...
-
1. A heating element operates on 115 V. If it has a resistance of 24.0, what current does it draw? 2. A coffeepot operates on 12.0 V. If it draws 2.50A, find its resistance. 3. An electric heater...
-
A vehicle has the following system parameter: mass: 1500kg front wheel rolling radius is 0.317m rear wheel rolling radius is 0.325m engine power is 202 kW @ 305rad/s The car is rear wheel drive. The...
-
What is the importance and advantage for a country in belonging to OIRSA? How does this type of relationship add value to the country's agricultural sector?
-
After a program executes the following series of fork() calls, how many new processes will result (assuming that none of the calls fails)? Write a program to demonstrate that after a vfork(), the...
-
An AI inside. designer came up the triangle ABC with the following MLP to classify the area. where the following perceptrons are used: 1 1 1 P2 b3 P3 i. Perceptron P for line AB, ii. Perceptron P2...
-
Shirley's Sandwiches expects earnings per share of this year (at t=1) of $15.03. The company has a large number of good projects and plans to reinvest all earnings with a return on new investment of...
-
Decide whether or not each equation has a circle as its graph. If it does, give the center and the radius. x 2 + y 2 + 2x + 16y = -61
-
Representative data read from a plot that appeared in the paper Effect of Cattle Treading on Erosion from Hill Pasture: Modeling Concepts and Analysis of Rainfall Simulator Data (Australian Journal...
-
Extend to a basis for M 22 . 1 1 1 1
-
If V is a vector space, then the dual space of V is the vector space V* = L (V, R). Prove that if V is finite dimensional, then V* V.
-
Let T : V W be a linear transformation between finite-dimensional vector spaces V and W. Let B and C be bases for V and W, respectively, and let A = [T] CB . If dim V = n and dim W = m, prove that L...
-
s CB1(1) and YA1 of the Income Tax Act 2007 are very important because: Question 5Answer a. these sections explain how an employee, sole trader, partnership, trust and company should be treated...
-
If the seller is responsible for the shipping costs of merchandise sold, the shipping terms will be specified as:Multiple choice question.FOB destinationFOB factoryFOB shipping pointFOB start
-
A golf club production company wants to ensure that all aspects of its production and distribution processes are operating at optimal efficiency. The company produces three types of clubs, a line for...
Study smarter with the SolutionInn App