In: Statistics and Probability
QUESTION 4 ( 8 marks)
A telemarketer is able make a sale on 27% of the...
QUESTION 4 ( 8 marks)
A telemarketer is able make a sale on 27% of the phone calls he
makes. Assume that he makes 12 calls in an hour. Answer the
following questions, assuming a binomial probability
distribution:
Required:
- What is the probability that he will make exactly four sales in
the course of an hour? ( 3 marks)
- What is the probability that he will make at least three sales
in the course of an hour? Hint: Use the
approach that requires the least calculation work! ( 5
marks)
Suppose 1.6% of the antennas on new Nokia cell phones are
defective. For a random sample of 235 antennas, answer the
following questions (assume a Poisson probability
distribution):
Required:
- Calculate the mean and standard deviation for the probability
distribution of the number of defective antennas in the random
sample. ( 2 marks)
- What is the probability that exactly five of the antennas will
be defective? What is the probability that less than three antennas
will be defective? ( 4 marks)
i need fully explanation and calculation of the
answer