A telemarketer knows that, on average, he is able to make three sales in a 30-minute period. Suppose the number of sales he can make in a given time period is Poisson distributed.
A) What is the probability that he makes exactly four sales in a 30-minute period?
B) What is the probability that he makes at least two sales in a 30-minute period?
C) What is the probability that he makes five sales in an hour-long period?
Correct Answer:
Verified
b. 0.8010
c. 0.1606
...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q143: Four of your students submitted an entry
Q144: In a particular game of cards, success
Q145: Assume that the mean success rate of
Q146: Lisa is in a free-throw shooting contest
Q147: A construction company found that on average
Q149: An urn is filled with three different
Q150: An investor has an $80,000 portfolio of
Q151: Due to turnover and promotion, a bank
Q152: During an hour of class, a professor
Q153: You are attending a baseball game with
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents