In: Statistics and Probability
|
Number of Sales |
Observed Frequency (Days) |
|
0 |
30 |
|
1 |
40 |
|
2 |
20 |
|
3 |
8 |
|
4 |
2 |
Records show sales are made to 30% of all sales calls. Assuming independent sales calls, the number of sales per day should follow a binomial distribution. Assume that the population has a binomial distribution with n = 4, p =.25, and x = 0, 1, 2, 3, and 4.
PLEASE NO HANDWRITTEN ANSWERS, AND PLEASE WITH EXCEL FORMULAS!