Mathematics, 24.02.2020 20:57 chynahbug72531
A financial planner contacts prospects in the hope of setting up an initial consultation. Initial consultations are used to gather information about the prospect that will be used to propose a plan of insurance and financial investments. Suppose the financial planner contacts thirty prospects and that, based on historical records, 10% of all contacts lead to an initial consultation.
(a) What is the probability that he will setup exactly two initial consultations?
(b) What is the probability that he will setup no initial consultations?
(c) What is the probability that he will setup at least two initial consultations?
(d) What is the probability that he will setup three or more initial consultations?
(e) What is the probability that the first successful initial consultations will happen on the 6thcall?
Answers: 1
Another question on Mathematics
Mathematics, 21.06.2019 17:00
Twice the sum of a number and 4 is equal to three times the difference of the number and 7. find the number.
Answers: 1
Mathematics, 22.06.2019 05:30
The probability brenda will recieve a telemarketing call is 15%. if she gets 20 calls a day, how many can she expect to be telemarketing calls ?
Answers: 1
Mathematics, 22.06.2019 07:00
What is (2.5a^8n)^3 · (0.4^7n)^3 can you plz simplify this quickly offering lots of points
Answers: 1
You know the right answer?
A financial planner contacts prospects in the hope of setting up an initial consultation. Initial co...
Questions
Mathematics, 02.10.2019 07:50
Social Studies, 02.10.2019 07:50
Mathematics, 02.10.2019 07:50
Mathematics, 02.10.2019 07:50
Computers and Technology, 02.10.2019 07:50
Social Studies, 02.10.2019 07:50
English, 02.10.2019 07:50
History, 02.10.2019 07:50
Spanish, 02.10.2019 07:50
Biology, 02.10.2019 07:50
Spanish, 02.10.2019 07:50
