Solved

Number of Sales
a Salesperson Makes Five Calls Per Day

Question 83

Essay

Number of sales
A salesperson makes five calls per day.A sample of 200 days gives the frequencies of sales volumes listed below  Number of  Sales  Observed  Frequency (days) 01013826936341852\begin{array} { | c c | } \hline \begin{array} { c } \text { Number of } \\\text { Sales }\end{array} & \begin{array} { c } \text { Observed } \\\text { Frequency (days) }\end{array} \\\hline 0 & 10 \\1 & 38 \\2 & 69 \\3 & 63 \\4 & 18 \\5 & 2 \\\hline\end{array}
-Assume the population is a binomial distribution with a probability of purchase π\pi
equal to 0.50.Compute the expected frequencies (Ej)for the number of sales by using the binomial tables.Combine if necessary to satisfy the rules of five.

Correct Answer:

verifed

Verified

\[\begin{array} { | c | c | c | c | }
\...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents