Sales Volumes
A telemarketer makes five calls per day.A sample of 200 days gives the frequencies of sales volumes listed below: Assume the population is binomial distribution with a probability of purchase p equal to .50.
-{Sales Volumes Narrative} Compute the expected frequencies for x = 0,1,2,3,4,and 5 by using the binomial probability function or the binomial tables.Combine categories if necessary to satisfy the rule of five.
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