An insurance agent has appointments with four prospective clients tomorrow. From past experience the agent knows that the probability of making a sale on any appointment is 1 out of 5. Using the rules of probability, what is the likelihood that the agent will sell a policy to at least 3 of the 4 prospective clients?
A) 0.0016
B) 0.4096
C) 0.0272
D) 0.0256
E) None of the choices are correct

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The Answer of An insurance agent has appointments with four prospective clients tomorrow. From past experience the agent knows that the probability of making a sale on any appointment is 1 out of 5. Using the rules of probability, what is the likelihood that the agent will sell a policy to at least 3 of the 4 prospective clients?
A) 0.0016
B) 0.4096
C) 0.0272
D) 0.0256
E) None of the choices are correct

An Insurance Agent Has Appointments with Four Prospective Clients Tomorrow